Netflix

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Netflix

Basic information
Founded	1997
Legal structure	Public
Industry	Media Streaming
Official website	https://www.netflix.com/

Netflix, Inc. is a media streaming service and publisher, founded in 1997 by Reed Hastings and Marc Randolph formerly for remote video rentals, it eventually became the pioneer of the video streaming industry in 2007, eventually turning to more anti-consumer practices in the mid-2010s and later.

Controversies

Stream-quality controversy

Main article: Netflix stream-quality controversy

Netflix places limits on 4K streaming but does not fully reveal the terms under which the limits are enforced.