Netflix has gone through a whirlwind of changes since it began in 1997 as a DVD-by-mail service. The company*transformed the way we watch TV. It*#8217;s a great success story about a small DVD rental company that develop into a global leader disrupting the big networks worldwide.
In 2007 the founders decided that the world will move into the digital era and in 2008 they*#8217;ve launched their first online streaming series.
In 2010 Netflix launched the service in Canada and South America. In 2012 in UK, Ireland and Scandinavia. At that time geeks from all over the world were already watching Netflix using VPN services (the IPs has been regularly blocked so users from non-Netflix countries had to be changing VPN services via websites such as bestonlinereviews.com). Only since 2017 Netflix it has been officially launched to most of the countries globally (besides*China, North Korea, Syria and Crimea).
In 2009, the year before it expanded to its first international market, Netflix earned $5.2 million. Seven years later, in 2016, it earned $4.8 billion. That’s over 96x growth in just eight years. But Netflix hasn’t just changed the way we consume television:*it’s changed the way it is made.*Netflix’s first foray into producing its own shows has been House of Cards where*all the episodes of each series were available to stream on the day of its launch.
Netflix is one of those brilliantly simple business ideas that the competition only realizes the full potential of when it*#8217;s way too late. And this is why we love it.
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