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Thread: Netflix and how it all began

  1. #1
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    Netflix and how it all began

    Everyone knows Netflix as the DVD by mail company that is taking over the streaming movie business as well. But how did Netflix get to their current position, and how did it all begin?

    The story goes that a guy called Reed Hastings got stung for late return fees on a Blockbuster rental. He then, with a couple of friends created Netflix which did not charge for late returns.

    In the beginning customers had to pay for each individual rental, but by 1999 monthly subscriptions were introduced. Early the next year Netflix became subscription based only.

    Now Netflix have become bigger than their rivals and have moved online. Their streaming service is available on most connected devices and they are constantly adding new content to their lineup.




    Live Long, watch TV and prosper

  2. #2
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    I think this sticky needs an update. There is loads more happened since they started streaming.

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