Netflix is a premium streaming service that offers a vast range of films, TV series, kids shows, documentaries, and even short films. Netflix has over 214 million subscribers across the globe, aside from mainland China due to legal restrictions.
The History of Netflix
Netflix began in 1997 as a mail-based rental business that let consumers rent out a film they wanted to watch. The company was founded by Marc Randolph and Reed Hastings, who worked together on Pure Atria, a software company in Denver. Over the years, Netflix had many changes and adaptations to the film and TV industry — making it a global player in the world of media.
It also had a few offers to be acquired throughout the years, including one in 1998 by Amazon founder Jeff Bezos who offered around $16 million for the company. Luckily, they didn’t sell and made the company public in 2002 at $15.00 per share. The current stock trades at over $500 per share.
In 2007, the platform switched from a mail rental business to a streaming service, bringing video on demand. However, whilst the excitement for change was there from the board, the ship for mail rental only shipped away in 2009 when Netflix streams overtook DVD shipments, causing a significant shift in the industry.
In 2010, the streaming service made a significant move and acquired the rights for the award-winning show Breaking Bad which won 16 Primetime Emmys. To this day, the show is considered the first to introduce the “Netflix effect” for its vast cultural significance in the golden age of streaming.
Moreover, the platform went on major changes in the years, including being introduced to the U.K market in 2012 and signing a licensing deal with The Weinstein Company in the same year. Throughout the years, Netflix acquired a wider range of genre films and shows and introduced a push for their international audiences, even acquiring rights to Filipino, South Korean, and Japanese shows.
Currently, Netflix has received 35 Oscar nominations that they won 7 of and has created some of the more iconic series such as The Witcher, Stranger Things, and Squid Game.
Films on Netflix
Don’t Look Up (2021)
Don’t Look Up follows two astronomers, Dr. Randall Mindy and Kate Dibiasky, who must go on a giant media tour to warn humanity of an approaching comet that will destroy planet Earth. Starring Leonardo DiCaprio, Jennifer Lawrence, and Meryl Streep, the film has gained significant popularity for its satire comedy and attention-grabbing scenes.
The Power of the Dog (2021)
This film by Jane Campion follows Phil Burbank, a charismatic rancher, who inspires fear and awe in those around him. So when his brother brings home a new wife and her son, Phil antagonises them until he finds himself exposed to the prospect of love.
Tick, Tick… Boom! (2021)
Starring the second Spider-man, Andrew Garfield, the film follows an aspiring composer in New York City who is worried he has made the wrong career choice whilst navigating the pressures of love and friendship. This Lin-Manuel Miranda film is a must-watch for fans of musicals and tormenting drama.