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Video: Who Owns Netflix? - Easily Explained
2023 Author: Sheila Hailey | [email protected]. Last modified: 2023-11-26 15:18
Netflix is now an American corporation with Reed Hastings as CEO (CEO) and Ted Sarandos as CCO (Marketing Manager). According to the Wallstreet Online website, the shareholder structure is as follows:
|Permanent owner||The Vanguard Group, Inc.||7.17%|
|Permanent owner||BlackRock, Inc.||6.23%|
|Permanent owner||Capital Research Global Investors||5.90%|
|Permanent owner||FMR LLC||5.88%|
|Free float||Free float||74.82%|
Basically, Netflix belongs to the first four companies / investors mentioned. Since they each own more than 5 percent of the shares in Netflix, they are so-called “ fixed owners ”. All securities of shareholders who each hold less than 5 percent are grouped together under the name “free float ” (free float) and freely traded on the stock exchange.
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When and where was Netflix created?
Marc Randolph and Reed Hastings founded Netflix on August 29, 1997 in Scotts Valley, California. Initially, Netflix acted as an online portal, lending and selling DVDs and Blu-rays. In 2007, Netflix launched its well-known streaming service. So far there are around 3,000 films and series on Netflix (as of March 2020). Here you can see when Netflix started its streaming offer in the countries.
How much sales does Netflix make?
In 2019, Netflix had sales of $ 20.16 billion. The following graphic shows sales from the 3rd quarter of 2009 to the 1st quarter of 2019:
Netflix sales have grown steadily in recent years. However, since the subscribers will eventually reach a plateau, sales will stagnate if one assumes constant streaming prices.
What do you care most about Netflix? Or do you prefer to watch Amazon Prime Video? Let us know in the comments below this article.
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