Netflix And Its History
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Netflix is one of the most recognized web businesses today. Yet not many people know much about the history of Netflix. In this article, I will quickly review the rich history of this company, and also give you a link to a 2 week Netflix free trial.
Netflix first began in 1997 in Scotts Valley, CA. Its founders were Marc Randolph and Reed Hastings. The service went live in 1998 and offered movie rentals online using a traditional rental structure. A couple years later, Netflix switched to a subscription system. This allowed members to rent unlimited DVDs.
The service grew quickly and Netflix went public in 2002. Around the IPO time, Netflix had a modest number of subscribers numbering between 500,000 and 1,000,000. Today its membership is 14 million. Many competitors have emerged over the years. Blockbuster, for instance, offers a very similar online DVD service. However, Netflix has managed to continue its success, in part because of its technologies like its online video recommendation system.
Netflix’s current library of DVDs numbers over 100,000 titles. In recent years, Netflix has added an online streaming service allowing people to watch films online. The streaming service is free to subscribers, and offers over 17,000 titles. The streamed films can be viewed over the computer, or by using an Netflix ready device connected to the TV.
Although it has done well in the states, Netflix does not yet have a big presence internationally. A few years ago, Netflix had plans to offer its service in the UK, but it eventually decided not to go forward. However, in 2010, Netflix does intend to expand its services to Canada.
There are many benefits to joining Netflix. One of the best things is that there are no due dates or late fees. Also, you can rent unlimited DVDs for a single monthly subscription cost. People who would like to try Netflix should take advantage of the 2 week free trial. They can even cancel before the trial period is over if they are not pleased with the service.
Use the following link to gain access to a Netflix Free Trial.