20 23 DISCOVERY FOR THE WEEK Presented by: Calingasan, Yna Grace C. NETFLIX we want to entertain the world. 20 23 Introduction NETFLIX What is Netflix? Netflix is a streaming service that offers a wide variety of award-winning TV shows, movies, anime, documentaries, and more on thousands of internetconnected devices. You can watch as much as you want, whenever you want – all for one low monthly price. NETFLIX How can we use it? You can watch Netflix through any internet-connected device that offers the Netflix app, including smart TVs, game consoles, streaming media players, set-top boxes, smartphones, and tablets. You can also watch Netflix on your computer using an internet browser. You can review the system requirements for web browser compatibility, and check our internet speed recommendations to achieve the best performance. Netflix is a streaming service that offers a wide variety of awardwinning TV shows, movies, anime, documentaries, and more on thousands of internet-connected devices. You can watch as much as you want, whenever you want without a single commercial – all for one low monthly price. There's always something new to discover and new TV shows and movies are added every week! NETFLIX What it is for? Netflix is a subscriptionbased streaming service that allows our members to watch TV shows and movies on an internet-connected device. Depending on your plan, you can also download TV shows and movies to your iOS, Android, or Windows 10 device and watch without an internet connection. NETFLIX Why it is trending? Netflix may have had the first-tomarket advantage in the world of streaming services, but it's kept its momentum with its increasing number of original shows and movies -- many of which have won critical acclaim and major awards and nominations. Compared to other streaming platforms, you can't beat Netflix's slate of original TV shows that are now considered among the best of the modern era of television. It has a huge selection of movies and TV shows old and new, tons of highquality original programs, and an easyto-navigate interface. Netflix has seen great success over the years, as it will produce a lot of original and new ideas from up-and-coming creators. It’s also the home to stream some shows weekly, like Stranger Things. Netflix produces a lot of its content with its own money just to provide audiences with something new and exciting to watch. NETFLIX Statistics Below is an overview of Netflix’s paid subscriber count since 2011. Year Subscribers 2011 21.5 million 2012 25.7 million 2013 35.6 million 2014 47.9 million 2015 62.7 million 2016 79.9 million 2017 99 million 2018 124.3 million 2019 151.5 million 2020 192.9 million 2021 219.7 million 2022 (As of Q3) 223.09 million NETFLIX Statistics Netflix’s annual income has risen steadily in recent years.Here is an overview of the same: Year Revenue 2011 $3.2 billion 2012 $3.6 billion 2013 $4.37 billion 2014 $5.5 billion 2015 $6.78 billion 2016 $8.83 billion 2017 $11.69 billion 2018 $15.79 billion 2019 $20.15 billion 2020 $24.99 billion 2021 $29.698 billion 2022 (Q1+Q2+Q3) $23.764 billion NETFLIX Location Netflix is available for streaming in more than 190 countries. Our library of TV shows and movies varies based on the country, and it changes from time to time. Netflix isn't available in: China Crimea North Korea Russia Syria NETFLIX Location Netflix is distinctly more popular with younger consumers than with older generations. According to the findings of a recent survey, around 75 percent of respondents aged 18 to 34 subscribed to Netflix as of mid-2021, compared to just 44 percent of those aged 65 or above. NETFLIX FOUNDERS WILMOT REED HASTINGS JR. Is an American billionaire businessman. He is the co-founder, and executive chairman of Netflix and currently sits on a number of boards and non-profit organizations. Born: October 8, 1960 (age 62 years), Boston, Massachusetts, United States Education: Stanford University (1988), Bowdoin College (1983), Buckingham Browne & Nichols Upper School (1978) Organizations founded: Netflix, Pure Software, Aspire Antonio Maria Lugo Academy, EdVoice Nationality: American NETFLIX FOUNDERS MARC BERNAYS RANDOLPH Is an American tech entrepreneur, advisor and speaker. He is the cofounder and first CEO of Netflix. Born: April 29, 1958 (age 64 years), Chappaqua, New York, United States Education: Hamilton College (1981) Organizations founded: Netflix, Nationality: American NETFLIX Brief history Netflix was founded on August 29, 1997, by Marc Randolph and Reed Hastings. The idea for the business began to take shape after Hastings rented Apolo 13 from Blockbuster – the video rental powerhouse at the time. After returning the rented movie a few days late, he had to pay a $40 penalty. Back then, the internet was really still in its infancy. People had just started to buy and sell products online. But, Randolph and Hastings were somewhat familiar with the space and were supremely confident in its potential. NETFLIX Brief history So they gave it a shot. They set up a website where people could browse and order and Netflix would post them to their door. Once they were done, they would simply post the DVDs back to Netflix. As you may have noticed throughout their journey, one of the primary reasons for Randolph and Hastings being so successful is their ability to adapt to their environment. Undoubtedly, the basis of all its success has been to define an unparalleled business model. THANK YOU! "You can't control the direction of the wind, but you can adjust your sails." -- Jimmy Dean -- 20 23