Heres a brief over-view of NetFlix and how long it
Post# of 96879
Posted On: 04/28/2016 5:55:52 PM
Heres a brief over-view of NetFlix and how long it took to grow:
NetFlix History over-view
Key Dates:
1997:
NetFlix.com, Inc. is formed in California by Reed Hastings and Marc Randolph.
1998:
The company begins offering DVD rentals and sales.
1999:
Sales are halted; Group Arnault invests $30 million in the firm and a subscription plan debuts.
2000:
Revenue sharing deals are signed with Warner Brothers and Columbia film studios; CineMatch is introduced.
2001:
A partnership with Best Buy gives Netflix exposure in the chain's 1,800 stores.
2002:
The company goes public and changes its name to Netflix, Inc.
2003:
Subscribers top 1,000,000, and Netflix has its first profitable quarter.
My point is that it takes times to grow a company such as UltraFlix. NTEK=$$$
NetFlix History over-view
Key Dates:
1997:
NetFlix.com, Inc. is formed in California by Reed Hastings and Marc Randolph.
1998:
The company begins offering DVD rentals and sales.
1999:
Sales are halted; Group Arnault invests $30 million in the firm and a subscription plan debuts.
2000:
Revenue sharing deals are signed with Warner Brothers and Columbia film studios; CineMatch is introduced.
2001:
A partnership with Best Buy gives Netflix exposure in the chain's 1,800 stores.
2002:
The company goes public and changes its name to Netflix, Inc.
2003:
Subscribers top 1,000,000, and Netflix has its first profitable quarter.
My point is that it takes times to grow a company such as UltraFlix. NTEK=$$$
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