Since December 31st, 2007, Netflix Inc's market capitalization has increased from $1.83 Billion to $166 Billion at January 26th, 2023.
Netflix Inc's market capitalization as of January 27th, 2023 of $165 Billion was higher than its peers in the CATV Systems industry group of December 31st, 2022 of 32.9 Billion. From December 31st, 2007 to January 27th, 2023, Netflix Inc's average market capitalization was 73.9 Billion compared to an industry average of 37.6 Billion.
Netflix, Inc. operates as an Internet subscription service company, which provides subscription service streaming movies and TV episodes over the Internet and sending DVDs by mail. The company operates its business through the following segments: Domestic streaming, International streaming and Domestic DVD. Netflix obtains content from various studios and other content providers through fixed-fee licenses, revenue sharing agreements and direct purchases. It markets its service through various channels, including online advertising, broad-based media, such as television and radio, as well as various partnerships. Netflix was founded by Marc Randolph and Wilmot Reed Hastings Jr., on August 29, 1997 and is headquartered in Los Gatos, CA.
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