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From a heat against Blockbuster to revolutionize the way we consume movies, series and documentaries. Of Netflix is a business success story fraught with setbacks, funny anecdotes and an unstoppable road to stardom.

He started using Big Data before he was famous , he confused Bill Clinton's sworn statements by the Lewinsky scandal with erotic videos recorded in China , his first self-produced shows were experimental films to launch his Internet video club and today in day invests millions of euros in each hour of production.

Below we offer you the keys to Netflix's success told in these 34 anecdotes and data. You can also check the full catalog of this month's Netflix releases at this link. You can also check out all the HBO releases and the movies YouTube offers for free.

1. The idea of ​​creating Netflix stems from Reed Hastings' anger at Blockbuster's penalties for returning a movie late.

2. Netflix was founded in 1997

3. Netflix had trouble choosing its name. For a short time it was called Kibble . The idea of ​​baptizing the company as Luna was also considered , in honor of the name of the dog of one of its founders.

4. Netflix creates its website a year later, in 1998

5. That same year he erroneously distributed extremely explicit erotic movies to his users . It was at a time when the famous Bill Clinton and Monica Lewinsky scandal was big news worldwide. Seeking to innovate, co-founder Marc Randolph added President Clinton's testimony to the Grand Jury to the catalog. However, the company hired to make the copies had a slip, and the presidential statement was mixed with extreme videos recorded in China that were mistakenly sent to hundreds of customers. A fun episode that can be read about in the book Netflixed.

6. In 1999, the expansion of his business began, with a concept that would lead the company to success: a video club that sent DVDs to their homes in exchange for a flat monthly fee that allowed an unlimited number of rentals and in which they did not exist. fines or penalties for delays in returns.

7. The founder of Netflix offered the company to Blockbuster for $ 50 million . It happened in 2000 when Reid Hastings offered the company to the video store chain. Blockbuster rejected the purchase.

8. In 2000, Netflix pioneered the use of Big Data techniques to recommend to its customers which videos to rent.

9. In 2002 Netflix debuted on the stock market. The share price in the initial public offering was $ 15 .

10. Shortly after going public, Netflix's stock price plummeted below one dollar .

11. Today each share is worth more than $ 424 .

12. Netflix is ​​today the video-on-demand platform with the highest market value .

13. In 2005, Netflix surpassed 4 million subscribers in its video- by-mail business.

14. In 2007, Netflix launched its own streaming video service , the business for which it is known today.

15. In 2010 Netflix already had strategic agreements with Xbox, PlayStation, Nintendo, Apple and the main manufacturers of smart televisions so that their new products would support Netflix and function as a viewing platform.

16. The same year, Netflix makes its leap to foreign markets debuting in Canada

17. The United States and Canada remain, to this day, Netflix's main market .

18. In 2013 Netflix releases its first three original series: House of Cards, Hemlock Grove, and Orange is the New Black .

19. However, years before, Netflix produced experimental films in order to adjust and explore some technical aspects on its online video platform.

20. "Legendary businessman and Apple co-founder Steve Jobs changed the way Americans live, think, and work before their extraterrestrial activity." In 2014 Netflix suffered a programming failure that caused an incomprehensible amalgam in the synopses of the titles. This twitter account collects some of the most hilarious glitches.

21. One study says Netflix compulsive viewing is linked to depression . In 2015, the University of Texas published a study stating that those who compulsively watched Netflix were more likely to experience depression, lack of self-control, or loneliness issues. The study considered "compulsive drinking" to see more than two chapters or series in a row. In addition, his sample was only 316 people.

22. In 2018 Nerflix is ​​the first time HBO is ahead of the number of Emmy nominations with a total of 112 nominations .

23. Netflix is ​​the world's most subscribed video on demand service with 167 million people paying for one account. Close behind is Amazon Prime Video, with more than 150 million subscribers.

24. 41% of Netflix users enjoy content without paying a subscription according to a survey conducted in 2019.

25. The current pandemic has broken records on netflix viewing .

26. Every day, more than 140 million hours of Netflix content are consumed , according to the company itself. That equates to over 16,000 years of content. An amount that triples the time from when writing was invented to the present. However, with the growth experienced in recent months and years, these data will have increased considerably.

27. La Casa de Papel is the most successful Spanish production on Netflix .

28. Netflix has hosted its content on the web servers of one of its main competitors in the video-on-demand market, Amazon , since 2016.

29. Netflix paid more than $ 300 million to Disney to acquire the rights to its content temporarily. However, the vast majority of this content is now on Disney +.

30. keeps your business Netflix DVD rental by mail, which remains profitable , and provides revenues of hundreds of millions of dollars.

31. Two thirds of Netflix users share their accounts with other people.

32. Each Netflix account is used by two to three people .

33. 89% of the millennial generation consume more Netflix than traditional television

34. Netflix Spends Up to $ 20 Million Producing Hourly Movies or Series

According to the criteria of The Trust Project

Know more

  • Netflix
  • Canada
  • Disney
  • China
  • PlayStation
  • Xbox
  • Nintendo
  • Internet
  • House of Cards
  • United States

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