Netflix is one of the largest digital movie and TV series distributor media company in the world. It starts as a DVD subscription service in US in 1997 and in 2007 Netflix started their movie and TV series streaming service. Here are some more interesting facts about Netflix.
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| Photo by Netflix |
Netflix was established in 1997 by Reed Hastings & Marc Randolphand their headquarter was located in Scotts Valley, California and now their headquarter located in Los Gatos, California.
Start as a DVD Rental Service
Netflix started their business as a TV series and movie's DVD rental service in 1998.
Becoming a Public Company
Netflix became a public(IPO) company on May 29, 2002 under the ticker called "NFLX" on Nasdaq.
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| Photo by Den of Geek |
Launch Official Site
In 14 April 1998, Netflix launch their official website for their customers only with 30 employees.
Monthly Subscription in 1999
With a low specific amount of money, users can rents unlimited amount of DVD. In September 1999, Netflix first introduced their monthly subscription concept to their customers.
Instant Streaming Service Came in 2007
Netflix introduce their instant streaming service for their subscriber in 2007 that allow subscriber to watch television shows and movies on their PC.
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| Photo by Express UK |
According to Mashable, There are estimated 36% of houses in the US are now subscribed on Netflix's streaming service.
75 Million Users
According to Netflix: In January 2016, 75 million people in over 190 countries are subscribed to their service.
US Holds 44 Million Alone
According to Netflix: In January 2016, There are 44 million from 75 million subscribers are from US alone. They got 44 million US subscription on their platform.
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| Photo by NewsBytesOnline |
90% Users Watched Netflix Original Contents
There are estimated 90% of all Netflix users watch their original contents on their platform in a subscription lifetime.
43% Users Like Netflix Original Content "Extremely"
In a survey of 1,078 US Internet users, The Wall Street Firm found that 43% of current subscriber said original content was a “moderately” to “extremely” important factor to influencing their decision to keep the subscription.
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| Photo by Geek |
Number of original series produced by Netflix in 2015 was 16.
450 Hours in 2015
Netflix produce 450 hours worth of their original content program in 2015.
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| Photo by Benefit-From-It |
31 Series in 2016
According to Netflix, They decided to increase production of their original content in 2016 from 16 to 31 series.
600 Hours in 2016
In 2016, Netflix plans to make 600 hours of their original content program.
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| Photo by The PENNY HOARDER |
According to Netflix, Everyday there are more than 125 million hours of TV shows and movies are watched by their 75 million subscriber in more than 190 countries.
1.8 Hours Everyday
In 2015, The average subscriber of Netflix spends around 1.8 hours everyday in 2015 alone by watching digital content on their platform.
42.5 Billion Hours in 2015
According to Netflix, about 42.5 billion hours of movie and TV series content are watched in 2015.
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| Photo by Video Ad Guys |
People Missed 130 Hours of Commercial
There are estimated 130 hours of commercial aren't watched by people every year because of Netflix.
Netflix Dominate Global Online Streaming Market
In 2015, Netflix holds around 69% of all global traffic occupied by online streaming service like Amazon Instant Video(Amazon Prime), Hulu etc.
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| Photo by Tech.co |
RBC report showed that, Overall 63% of current Netflix subscribers are either “extremely satisfied” or “very satisfied” with their subscription with Netflix.
62% vs 2%
According to RBC, There are 68% current Netflix subscribers are not likely to cancel their subscription in the next three months and only 2% like to do that.
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| Photo by Extreme Tech |
User Use 45 GB Every Month
In 2015, There are estimated 45 gigabytes of data are transferred(bandwidth) in a single month by average subscriber of Netflix.
Netflix use 329.4 Billion Gigabytes
In 2015, Netflix used approximately 329,400,000,000 gigabytes of data(bandwidth) or 329,400 petabytes of data(bandwidth).
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| Photo by Time |
In 2014, Nearly 80% of Netflix subscriber also has a paid TV subscription on their house.
78% Watch It On TV
In 2014, There are 78% of subscriber watch Netflix on their TV.
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| Photo by Wikipedia |
1 Petabyte of Data
In 2014, There is an estimated total 1 petabyte worth of their content data are stored in Netflix servers.
Blockbuster Reject Netflix
Netflix offered Blockbuster to buy their business in 2000 for only $50 million. But, Blockbuster reject their offer. Now, in April 2016 Netflix's total market value is over $45 Billion and Blockbuster went bankrupt in 2010.
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| Photo by My San Antonio |
On 25 February 2007, Netflix delivered its billionth DVD. It took nearly 7 1/2 years to mail out 1 billion DVDs.
1 Million DVDs Every Day
In 2005, They rents average 1 million DVDs every day to their customers.
5.8 Million Users Rent DVD
There are 5.8 million subscriber still rent DVD from Netflix.
89 Millions Discs
Netflix has around 89 million DVD discs in 58 warehouse in the United States for renting.
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| Photo by 4K |
$3.8 Million per Episode
Netflix’s original series "House of Cards" reportedly cost average $3.8 million to make one episode and around $100 million for just two seasons.
"Orange is the New Black" Got 61 Million Download
In 2014, Netflix’s original series "Orange is the New Black" get almost 61 million downloads in torrent or P2P networks in the second quarter of year. 60.8 million download on April, May and June.
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| Photo by Wikimedia |
According to Netflix ISP Speed Index, Netherlands is the leading country whose ISPs provide the best average internet speed for Netflix in the world with 4.04 Mbps average speed on February 2016.
Verizon's Fios Top in US
According to Netflix ISP Speed Index, In the United States Verizon's Fios is the leading average internet speed provider(ISP) with 3.79 Mbps average internet speed on February 2016.
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| Photo by Straight |
5.8 Million Subscriber in Canada
In February 2014, Approximately 5.8 million people are subscribed to Netflix in Canada. They started their service in Canada in 22 September 2010 and within a year they got their 1st million subscriber.
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| Photo by Forbes |
In 2014, Approximately 3 million people are subscribed to Netflix in UK. They started their business in UK on 4 January, 2012 and reached its millionth subscriber faster than Canada.
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| Photo by Gigaom |
4.85 Million Subscriber in Latin America
In September 2014, Approximately 4.85 million people are subscribed to Netflix in Latin America.
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| Photo by Netflix |
On 6 January 2016, Netflix launched its subscription service globally. Now it's available for worldwide.
Except China, North Korea and Syria
In 2016, Netflix announced their services will available worldwide. Every country on earth except China, North Korea and Syria can enjoy their services.
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