• Thoughts

    Netflix story – From DVD rentals to household name

    Netflix has had quite a journey since it’s inception in 1997 and now ‘netflix and chill’ has become quite renowned globally. Starting out as DVD rental service by Mark Randolph and Reed Hastings back in 1997, offering a hassle-free rental service without due dates, late fees and shipping fees and due to this Netflix had become a known name in the home video sales and rental industry in the 2000s. In 2002, they initiated IPO selling and by 2005, it already has a whopping 35k movie titles and shipped out a million DVDs every day. Isn’t interesting? The Netflix Internet Splash   In 2005, another video streaming platform youtube started…