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aug 29, 1997 - Netflix

Description:

-Netflix specialises in and provides streaming media and video-on-demand online and DVD by mail. In 2013, Netflix expanded into film and television production, as well as online distribution.

-Netflix introduced the monthly subscription concept in September 1999, and then dropped the single-rental model in early 2000. Since that time, the company has built its reputation on the business model of flat-fee unlimited rentals without due dates, late fees, shipping and handling fees, or per-title rental fees.

-In 2000, Netflix offered to be acquired by Blockbuster for $50 million, but the offer was declined.

Added to timeline:

6 Oct 2017
0
0
313
History of Film

Date:

aug 29, 1997
Now
~ 21 years ago

Images:

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