25 Amazing Netflix Stats and Facts

1. What does Netflix do: Netflix is one of the leading Over-The-Top media content platforms and also a production company. The primary business is subscription-based streaming service offering online streaming from a library of films and television series, including those produced in-house. The company has offices in France, Brazil, the Netherlands, India, Japan, South Korea, and the United Kingdom.
2. Launch year: August 29, 1997 in Scotts Valley, California
3. Company Name: Netflix, Inc.
4. Headquarters: Los Gatos, California, U.S.
5. Founder(s): Reed Hastings and Marc Randolph
6. Total employees: 12,135
7. Number of Netflix subscribers: 204 million (2020)
8. Revenue: US$25 billion (2020)
9. Netflix’s recent business action plan: Netflix plans to release one original film per week in 2021
10. Number of movies available on Netflix: 3781 movies available in U.S. alone (2020)
11. Number of TV shows available on Netflix: 1940 TV shows available in U.S. alone (2020)
12. Number of countries that Netflix has users in: 190 countries (Not available in China, Crimea, North Korea and Syria)
13. Top 3 countries for Netflix usage: US (63.1 million subscribers), Brazil (16.4 million subscribers), UK (14.8 million subscribers)
14. Average time people spend on Netflix: 9 hours per week as of 2020
15. Most viewed movie on Netflix: Extraction as of January 2021 with 99 million views in first month
16. Most viewed Originals series on Netflix: Ozark streamed for 30.4 billion minutes
17. Netflix’s reported valuation: 255.55 Billion
18. Top 3 Competitors or similar products:  Amazon, Hulu, Disney+
19. Netflix means: Movies through Internet (Net denotes network and Flicks denotes movies)
20. History: Netflix began as an DVD and Blu-Ray rental company
21. What makes Netflix interesting: Huge collection of original movies and TV shows without AD
22. Netflix’s buffer shortcut: Click Shift + Alt + mouse left click to go troubleshooting menu which allows you to adjust bit rate of a stream so it doesn’t buffer. (For Mac, it’s Shift + Option + click)
23. Awards: Netflix won 2 awards for Best Company Compensation and Best Leadership Teams in 2020
24. Criticism:

• Netflix has still faced criticism over the quality of subtitles on some of its content and original productions; the service’s video player contains a function allowing users to report issues with captioning.
• In late 2018, Netflix faced criticism for its use of stock footage from the 2013 Lac-Mégantic rail disaster in multiple original productions, including the series Travelers, and the film Bird Box. The footage was subsequently replaced in both works.

+ One interesting news:

Netflix is reportedly testing ‘N-Plus’ service