Netflix, Inc. is a production company and streaming service. The company offers a variety of streaming content including television (TV) series, documentaries, anime, feature films and mobile games.

About Netflix Inc.

Netflix, Inc. is a subscription streaming entertainment production and services company based in Los Gatos, California. It was first founded on August 29, 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California. Today, Netflix, Inc. has paid subscribers in more than 190 countries, including Argentina (4.97 million users), Australia (6.17 million users), Brazil (17.86 million users) and Germany (10.67 million users).

Netflix, Inc. provides its customers with the ability to watch streaming content through a number of internet-connected devices, including TVs, digital video players, television decoders and mobile devices. The various streaming contents include television (TV) series, documentaries, anime, feature films and mobile games. Netflix subscription fees range from IDR 54,000 to IDR 186,000 per month.

Initially, Netflix Inc. offered a DVD-by-mail business model, where subscribers rent online DVDs and discs containing content provided by Netflix Inc., and then the DVDs would be mailed to the subscriber’s home address. As of July 2015, Netflix Inc. had more than 130 million subscribers worldwide, including 57.38 million in the United States.

Before Netflix Inc. services could be used by Indonesians, Netflix was blocked by Telkom Group on January 27, 2016 due to Netflix’s license and content that was not in accordance with Indonesian laws. It finally reached an agreement with the Indonesian government not to broadcast prohibited content containing child pornography, terrorism, and violating Intellectual Property Rights (IPR), as well as content that discredits certain groups of people and complies with the Self Regulatory Code for Subscription Video on Demand Industry in ASEAN.

Netflix Inc. finally went public on May 29, 2022, selling 5.5 million shares at US$15.00 per share. Netflix posted its first profit in 2003, earning US$6.5 million on revenues of US$272 million; by 2004, profits had increased to US$49 million on revenues of over US$500 million.

Key Metrics

Financial Summary

Executives

Berita dan Update

• Netflix to invest $2.5 billion in South Korea to make TV shows, movies
• Netflix cracked down on password sharing in Spain and lost more than 1 million users this year
• Netflix: Q1 Subscriber Growth Miss Not Enough to Dampen This Year’s Rally

 

How to Buy Netflix (NFLX) Stocks

Interested in buying shares of this tech company? You can buy Netflix (NFLX) shares with simple steps:

1. Install Nanovest app on the App Store or Play Store.
2. Register according to the instructions.
3. Verify your identity for security and convenience when buying stocks through the KYC feature which you can do in just 1 minute.
4. Top Up your balance to your Nanovest account.
5. Go to the stock menu, search and select Netflix (NFLX).
6. Click the Buy button and confirm the purchase with your desired amount. You can start with only IDR 5,000.

Before investing in the stocks you want, do some research and analysis first. You can do this by checking company profile, industry conditions, company financial reports, and analyzing previous stock price movements. This analysis is important so that you can develop an accurate investment strategy and minimize losses.

 

Is it Safe to Buy Netflix Stock on Nanovest?

Of course. Nanovest is supported by a number of professional partners who have a good reputation in providing their services. One of them is supported by S-Quantum Engine technology by Sinarmas Financial Services.

For US and global stocks, Nanovest partners with brokers registered with the United Stated Financial Industry Regulatory Authority (FINRA) – which insures brokerage accounts held by Nanovest users up to U$S 500k by the United States Securities Investor Protection Corporation (SIPC).

For crypto assets, Nanovest is registered with the Commodity Futures Trading Supervisory Agency (Bappebti). The Nanovest platform itself has also been insured through a partnership with Sinarmas Insurance.

 

Disclaimer

All content on this website is for informational purposes and doesn’t constitute a recommendation to buy/sell any stock or digital asset. Investors should understand the nature of stocks and digital assets, including return and risk requirements of the assets. We encourage investors to fully understand the assets and risks before making any investment. Always do your own research.