Netflix, Inc. is an in-demand online streaming media provider in America and Canada, as well as a flat fee DVD-by-mail American provider. It was founded in 1997, wherein Los Gatos, California was its headquarters. In 1999, Netflix, Inc. began its subscription-based online distribution service. After 10 years, the company was providing a set of 100,000 titles, exceeding many other subscribers. As of February 2007, the company has delivered one billion DVD titles. The company has 23.6 million subscribers as of April 2011. During the summer of 2011, the company has announced that they will enter the European industry, beginning in Spain in 2012. The company finished the initiation of Latin American streaming-content services by starting in South America, Central America, Mexico and Caribbean in September 2011.
In addition, the company announced its goals to remake and construct its DVD streaming media rental service as a self-governing subsidiary business named Qwikster, completely taking apart streaming and DVD rentals.
Online Video Streaming
The company provides online video streaming of chosen titles to Mac OS X or Windows computers, as well as to compatible devices. Video streaming over the Internet formerly came at no further cost with the standard subscription service of the company. However, just a part of the content of the company is obtainable through an option called “Watch Instantly”. Basically, the video is supplied to the user by means of average computer hardware, and requires Silverlight software of Microsoft in order to be installed. Watching begins by pushing the button called “Play Instantly”, and is played again on the monitor of the computer. Movies can be restarted or paused at will. Based on Sandvine Incorporated’s report in 2011, Netflix, Inc. is the largest web traffic source in North America, making up 24.71% of the total traffic.
Source: http://www.shvoong.com/entertainment/movies/2333220-www-netflix-com/#ixzz2C7iOglYq
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