2015 “GLM 40” Highlight in Entertainment: Netflix

netflix 2The 2015 “GLM 40 Edition” highlights Netflix in the area of Entertainment. Netflix Inc. is an international provider of subscription-based, on-demand Internet streaming of popular television shows and movies that you can access instantly on TVs, computers, and mobile devices in the United States and internationally. The company was founded in 1997 and is headquartered in Los Gatos, California. Netflix has been extraordinarily successful in the marketplace. As of October 2015, they reported almost 70 million subscribers worldwide, including more than 43 million in the U.S. According to USA Today article, “3 Netflix Secrets You Need to Know,” during peak evening hours, the service is using up to 34% of America’s Internet capacity! The company expects $1,667 million in global streaming revenue in the fourth quarter, resulting in $257 million in contribution profit and 5.15 million in net new memberships. We are proud to recognize Netflix for their incredible market growth and success in the year of 2015!

Website: www.netflix.com

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