You watch it, you like it, but do you know some interesting facts about Netflix?… Read More (+) Netflix was started even before Google, and has seen many ups and downs through out its eighteen years of journey. Like most successful companies we see today, Netflix too was founded to address a problem! Here are 15 interesting facts about Netflix you probably don't know. Read Less (-)
13.When Blockbuster Failed to Grab a Real Blockbuster
Blockbuster is a popular American rental service which ruled the video rental market in the late nineties, before the arrivals of companies like Netflix. When Blockbuster was offered to buy Netflix for $50 million, it simply turned the offer down. Blockbuster turned down offers from Netflix many times. Today, Blockbuster is nowhere near Netflix! Netflix has grown onto become a $20 billion company.
14.Netflix Crushed, and Continues Crushing Cable TV in US
More and more people choose Netflix over cable for obvious reasons. On-demand content platforms like Netflix give greater flexibility to the users. They always keep users in control of what they want to see at given point of time. In US, Netflix outnumber Cable TV with 33 million users.
15.Netflix Employees Get a Free Subscription
Entry level employees at Netflix are being paid $18 per hour. They also get a free Netflix subscription! There are many interesting facts that make rounds in the internet about Netflix secrecy of their warehouses. If such reports are to be believed, Netflix has 58 warehouses throughout United States, and most of them are not easily traceable.
