Netflix is an American entertainment company founded by Reed Hastings and Marc Randolph in 1997. It specializes in and provides streaming media and video-on-demand online and DVD by mail.
Netflix's initial business model included DVD sales and rental. In 2007, Netflix expanded its business with the introduction of streaming media, while retaining the DVD and Blu-ray rental service.
In April 2017, Netflix reported having over 98 million subscribers worldwide, including more than 50 million in the United States. Netflix was launched in India in January 2016.
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