Stocks Netflix, Inc - [NFLX]
Netflix, Inc. - an American media company specializing in the production and distribution of cinematic content. The company is headquartered in Los Gatos, California.
How to buy Netflix shares?
If, while watching a series on Netflix in the evening, you suddenly thought about investing in your favorite service and getting not only the pleasure of watching, but also the profit from your investments - a great idea! To buy Netflix shares, you need to have a trading account with a broker, for example, an account with Fondexx. With the help of a modern technical solution - a trading platform - buying shares is possible from anywhere in the world, so all you need is a laptop and access to the network.
History of the establishment of the company
Netflix was founded in 1997 by Reed Hastings and Mark Randolph as a DVD rental and mail order service. A year after its foundation, a decision was made to stop selling CDs, and another 9 years later, the company's product list included streaming movies and TV series. Since the decision to introduce streaming was really successful, in just a few years broadcasts were also available in Canada and Latin America.
The next important stage of the company's development was the creation of its own media content. A significant prerequisite was the rapid growth of interest in such streaming platforms and, accordingly, the growth of competition in the niche, so Netflix chose its own unique content as its competitive advantage, and from that moment on, a new stage of unprecedented success awaited the company.
A period of rapid development
Netflix's IPO took place in 2002 at a price of $15 per share, but the company's real growth spurt was the release of its first original series, House of Cards, in 2013. Streamers appreciated the new product, and for the company's investors, it marked the beginning of a new and ambitious phase of Netflix's development, so there was an expected increase in the value of the company's shares.
Interesting about Netflix
If you are in the context of modern mass culture, then you have definitely noticed how strongly Netflix influences it. In addition to spreading progressive and modern values, the company also promotes the diversity of world cultures. A good example of such an approach is the TV series "The Squid Game", which opened the world to Korean culture from a completely different side.
It is also worth mentioning that Netflix carefully studies feedback from its viewers. Algorithms calculate which genres users prefer, which episodes hold attention and which scenes people like the most. This approach allows you to more clearly navigate the tastes and wishes of streaming viewers and create products that will meet the needs and requirements of the audience.
Investment in Netflix
It is hard to argue with the fact that Netflix is a leader in its field. Despite the growing competition, the company's potential for further development is estimated to be quite high. First of all, due to the adaptability of the company to changes and, of course, the global world trend towards the popularization of online services. That is why both large investment funds and retail investors are interested in Netflix.
Once again, we remind you that investments involve risks and responsibilities, so we recommend carefully and consistently choosing assets for profitable work in the stock market.