Did you know that Netflix, established as a subscriptions service, has been in existence since 1997? Netflix, Inc. is an American entertainment company founded by Reed Hastings and Marc Randolph. The company’s primary businesses are subscription-based, video streaming service as well as the distribution and production of original films and television series that are exclusive to Netflix. The company soon expanded internationally, eventually being made available to Canada in 2010 and by January 2016, its services have been made available worldwide with the exception of Mainland China, Syria, North Korea, and Crimea. With Netflix’s massive reach, along with plenty of videos and shows available to stream on a variety of supported devices, it has roughly $11.69 billion in revenue and has amassed at least 125 million streaming subscribers during the first quarter of 2018.
Probably considered as some of the most sought-out products that Netflix offers to its subscribers, Netflix Originals are content that is produced, co-produced, and/or distributed exclusively within their services. In contrast to other companies and agencies, Netflix funds their original shows differently from other TV networks when signing a project, providing the money upfront and immediately ordering two seasons of most the series they take in.
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