Sunday, June 19, 2011

Netflix

Netflix is a subscription service provider of Internet videostreaming television shows and movies in the United States andCanada, Company Customer (Netflix) can watch unlimitedtelevision shows and movies streamed over the Internet to television, computers and their mobile devices, customers can also receive digital versatile disc (DVD) more than 100,000 movie titles delivered to their homes every day. The company is organized into two operating segments: the United States and International. Companies acquire content from various studios andother content providers through fixed license fee, revenue sharingagreements and outright purchase.

Netflix was founded in 1997 in Scotts Valley, California by MarcRandolph and Reed Hastings. Headquartered in Los Gatos,California, United States. Netflix's site was first introduced in April1998 with the online version of pay-per-rental model is more traditional, ie U.S. $ 4 per rental plus U.S. $ 2 for postage and late fees are also applied. Netflix introduced the concept of a monthlysubscription in September 1999, then started dropping a single-tenant model in early 2000. And since then the company has built its reputation on the model of business listings.

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