Company Overview Of Netflix In The United States

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(i) Business Tenets
a. Netflix is the pioneer in the Internet delivery of TV shows and movies. Their business is simple in that it provides instant streaming of TV shows, movies, original series, documentaries, and feature films all to the customer’s Internet-connected device. Customers can watch from anywhere at any time from their mobile device, computer, tablet or any Internet-connected screen. Subscribers can play, pause, and resume watching without any commercials. For customers in the United States, they can even receive DVDs delivered quickly to their front door and have no due dates or late fees. Netflix is simple and easy for everyone to use. Subscribers can navigate through the site with ease. The business is simple and convenient for users and appeals to many customers because they can enjoy movies all in the comfort of their own home. The company has three reportable segments, Domestic streaming, International streaming, and Domestic DVD. A majority of the company’s revenues are generated in the United States and a substantial amount of the Netflix’s long-lived tangible assets are held in the U.S.
b. Netflix has a long and successful history. The company started in 1998 and has been growing excessively ever since, especially in more recent years. They launched their streaming service in 2007 that really spearheaded and changed the way the customers watched TV and movies. Recently, in September, its stock price reached the highest in the company’s
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