Netflix streaming has been bringing us fun for several years. We bring you 6 interesting things that you might not have known about this service.
This year, Netflix is celebrating its fifth year in Slovakia. On January 6, 2016, Netflix launched in 130 new countries around the world, including Slovakia. Let’s have a look at the facts about this streaming service.
5 out of 6 popular series were released on Netflix during the Corona Virus Pandemic
Netflix often does not publish viewing data or favorite series. At least, an interesting fact emerged that during the pandemic most of the most popular series appeared.
Netflix’s annual revenue in 2020 increased 1.8 million times compared to 1998.
Netflix was originally founded in 1998 as a DVD movie rental subscription service. At that time, it offered 925 DVD movies for rent. In 1998, Netflix had annual revenue of $1.3 million. In 2020, Netflix has an incredible $25 billion in revenue.
It took 9 years for Netflix to cross the $1 billion annual revenue threshold
In 2007, Netflix launched the new video-on-demand service, which provided digital movie distribution. At that time it was an unexplored area. Initially, Netflix offered 1,000 titles, including movies, TV shows, and sitcoms like The Office. The service was only available in the United States.
Sharp increase in the stock market by 50,000%
In the 18 years of Netflix stock, its value has grown from $1 per share in 2002 to over $500 per share in 2020. If you bought shares for $2,000 in 2002, you would be a millionaire today.
Netflix loses $6 billion over password sharing
Since Netflix allows you to monitor your service on multiple devices and some subscription software at the same time, many users share passwords to save subscriptions. According to the data, Netflix lost more than 6 billion dollars in this way.
Netflix has more than 207 million subscribers
Netflix recorded the biggest growth during the pandemic, when the number of subscribers jumped by several million. Subscribers from 190 countries where the service is available.
The portal summarized interesting facts Kill the cable bill, which provides an overview of more than 300 interesting facts about the largest streaming service.
If you are interested in the rich history of the Netflix streaming service, don’t miss our historical article.
SourceKill the cable bill
“Internet maven. Reader. Tv fanatic. Friendly communicator. Certified alcohol practitioner. Bacon buff. Explorer. Evil twitteraholic.”