The Rise of Netflix In Few Bullet Points

• founded in 1997
• a DVD rental company in 1999
• destroy Blockbuster and LoveFilm before the start of the 2010s becoming largest DVD mail company
• Jeff Bewkes of Time Warner called it "Albanian Army"
• stock and revenue decline in 2011
• Reinvent itself into an Entertainment company sometime after with a controversy of splitting DVD mail from itself
• Original programming starts in 2013 with House of Card
• Carl Icahn sold in 2015 was so impatient
• surpass 100 Million subscribers in 2016
• hired Disney execs, Shonda Ryhmes for products and expansion into merch.
• first ever acquisition in it history with MillarWorld Comics with Mark Millar becoming a Netflix executive
• become $100 Billion market cap company in January 2018, surpass 118 Million subscribers
• paid $300 Million for Ryan Murphy
• become $130 Billion market cap company in March also signing partnership with Sky (which Disney and Comcast are fighting over)

Presented and Published by Quickerly from Quickisode via Quickisode Summary.

Stock Tickers: NFLX, TWX, DIS, CMCSA, SKY, AMZN (bought and shuttered LoveFilm), DISH (bought the remaining assets of bankrupt Blockbuster then shutter them all)

Submitted March 03, 2018 at 09:30AM by snack-fu-bling http://ift.tt/2F9scOx