Netflix, a Publicly Owned company headquartered in the US, was founded in 1997 and employs approximately 15,650 individuals. The company reported $45.2B in revenue as of 2025. Functioning as a provider of media and TV services, Netflix offers a subscription video on-demand over-the-top streaming service. The service primarily distributes original and acquired films and television shows from various genres, available internationally in multiple languages.
On March 22, 2026, Netflix fully funded the 10 billion Won production cost for BTS’s free comeback concert at Gwanghwamun Square, with HYBE retaining key broadcasting rights. Previously on March 21, the romance adaptation *Virgin River* continued as one of Netflix’s most reliable successes, despite a lack of prominent names or critical hype. Earlier that day, Meghan Markle’s lifestyle venture As Ever reportedly became independent after Netflix cut financial ties, amidst claims of unsold stock accumulating. This followed a downgrade of the Duke and Duchess of Sussex’s wider Netflix arrangement and increased scrutiny of their commercial strategy. Separately, on March 21, Netflix payments presented a challenge for Kenyans who widely use the M-Pesa platform for daily transactions. This comes after news from earlier on March 21, where Netflix CEO Ted Sarandos unfollowed Meghan Markle on social media, sparking discussion about potential tensions in her and Prince Harry's Netflix deal.
Netflix offers 2 products in the media and telecoms services and media tech industries. Netflix's product portfolio comprises of tV and streaming ad tech and media and TV services.
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Netflix's revenues were $45.2B in 2025. Caretta Research has split Netflix's revenue into 3 different product categories, the largest of which is video streaming, which represents 100% of Netflix's revenue.
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Netflix currently holds 12 broadcasting rights for sports competitions including combat sports, baseball, professional wrestling, soccer | association football and american football.
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