The world's largest video streaming service from Netflix, Inc., Los Gatos, CA (www.netflix.com). Founded in 1997 by Marc Randolph and Reed Hastings, Netflix started out as a DVD rental company. Within 10 years, it shipped its billionth DVD. The company still offers DVDs and Blu-ray discs by mail along with a postage-paid return envelope. However, at the end of 2020, Netflix claimed nearly 200 million streaming subscribers worldwide.
In 2008, Roku was the first company to offer a dedicated Netflix set-top box that connects the TV to the home network for Internet access and video streaming. Subsequently, a Netflix app has been built into every other set-top box such as Apple TV and Roku, as well as Blu-ray players and smart TVs. Because the demise of physical discs was long predicted, Netflix ("Net movies") was a fitting name for the service. See Hulu
, Apple TV
, Fire TV
, Android TV
and smart TV