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Netflix was founded by Marc Randolph and Reed Hastings on August 29, 1997, in Scotts Valley, California. Hastings, a computer scientist and mathematician, was a co-founder of Pure Software, which was acquired by Rational Software that year for $750 million, the then biggest acquisition in Silicon Valley history. [10]
Institutional investors hold 85.2% of Netflix shares, dominating ownership. Netflix's ad-supported tier reached 40 million subscribers by spring 2024. Netflix's board includes diverse leaders...
Netflix is owned by its shareholders. The largest ones are asset management giant Vanguard, which owns 8.0% of the company, followed by BlackRock, with a 6.2% ownership share, and Fidelity, with a 5.3% ownership. Co-founder and chairman Reed Hastings owns 1.2% of Netflix.
As a public entity, Netflix is owned by its shareholders, which includes a mix of retail and institutional investors, mutual funds, and major financial entities. This diverse ownership structure has fueled its expansion and innovation, providing the capital necessary to forge new paths in content creation, licensing, and global distribution.
Netflix was founded by Marc Randolph and Reed Hastings on August 29, 1997, in Scotts Valley, California. Hastings, a computer scientist and mathematician, was a cofounder of Pure Software, which was acquired by Rational Software that year for $750 million, the then biggest acquisition in Silicon Valley history. [18]
The general public holds a 17% stake in Netflix. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company...
Wilmot Reed Hastings Jr. (born October 8, 1960) [ 2 ] is an American billionaire businessman. He is the co-founder and executive chairman of Netflix, and is on a number of boards and non-profit organizations. A former president of the California State Board of Education, Hastings is also an advocate for charter schools. [ 3 ] .
The top individual Netflix shareholders are David Hyman, Greg Peters, and Jay Hoag. Netflix's top institutional shareholders are Vanguard, BlackRock, and FMR, LLC.
Find out the direct holders, institutional holders and mutual fund holders for Netflix, Inc. (NFLX).
Company Profile. Netflix is one of the world's leading entertainment services with 278 million paid memberships in over 190 countries enjoying TV series, films and games across a wide variety of genres and languages. Members can play, pause and resume watching as much as they want, anytime, anywhere, and can change their plans at any time.