{"id":3730,"date":"2014-04-21T14:58:39","date_gmt":"2014-04-21T14:58:39","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/?p=3730"},"modified":"2014-04-21T14:58:39","modified_gmt":"2014-04-21T14:58:39","slug":"company-snapshot-netflix-2","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2014\/04\/company-snapshot-netflix-2\/","title":{"rendered":"Company Snapshot: Netflix"},"content":{"rendered":"<p><strong>Address:<\/strong><br \/>\n100 Winchester Circle<br \/>\nLos Gatos, California 95032<\/p>\n<p><strong>Phone:<\/strong><br \/>\n(408) 540-3700<\/p>\n<p><strong>Year Founded:<\/strong><br \/>\n1997<\/p>\n<p><strong>Total Annual Sales:<\/strong><br \/>\n$4,374,562,000<\/p>\n<p><strong>Senior Executives:<\/strong><br \/>\nReed Hastings- Founder and CEO<\/p>\n<p>&nbsp;<\/p>\n<p>Netflix was founded as a new age, video rental retailer by Reed Hastings in 1997.\u00a0 The company relied on the platform of a still fairly young Internet to make its product offerings and maintain individual order lists from its rapidly growing cadre of subscribers. \u00a0Mr. Hastings continues as the company\u2019s visionary leader and rapid-fire trouble shooter.<\/p>\n<p>Hastings essentially inaugurated the concept of nationwide consumer video rentals through the mail.\u00a0 The new concept bore fruit quickly as Netflix soon became the fastest-growing customer of the USPS.<\/p>\n<p>Hastings never ceased in his fascination with evolving technologies and new ways to incorporate them into the business.\u00a0 Netflix was one of the earliest companies to seek to applications of what is now commonly called video streaming.\u00a0 The evolution of this process was a slow one as was the development of a procession of machines capable of receiving movies at the homes of consumers.\u00a0 Now the application is of course universal and along with it the popularity of Netflix has grown by leaps and bounds.<\/p>\n<p>More recently Netflix has become a content producer.\u00a0 The company\u2019s first TV series have gained popularity with the viewing public as well as numerous industry awards.\u00a0 Entire seasons of Netflix shows are released simultaneously.\u00a0 As Netflix management had anticipated, consumers immediately bought into this concept.\u00a0 This has created the phenomenon now known as \u2018binge viewing\u2019, that is viewing an entire season of a show in one weekend, often the first weekend the show is released.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Address: 100 Winchester Circle Los Gatos, California 95032 Phone: (408) 540-3700 Year Founded: 1997 Total Annual Sales: $4,374,562,000 Senior Executives: Reed Hastings- Founder and CEO &nbsp; Netflix was founded as a new age, video rental retailer by Reed Hastings in 1997.\u00a0 The company relied on the platform of a still fairly young Internet to make&hellip; <a class=\"more-link\" href=\"https:\/\/www.chainstoreguide.com\/offthechain\/2014\/04\/company-snapshot-netflix-2\/\">Continue reading <span class=\"screen-reader-text\">Company Snapshot: Netflix<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[15],"class_list":["post-3730","post","type-post","status-publish","format-standard","hentry","category-discount-specialty","tag-snapshot","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/3730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=3730"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/3730\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=3730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=3730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=3730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}