Netflix began in 1997 as a DVD rental-by-mail service, founded by Reed Hastings and Marc Randolph. Initially offering a subscription model, it disrupted traditional video stores like Blockbuster. By 2007, Netflix introduced streaming, leveraging the internet to deliver movies and TV shows instantly.

Expanding rapidly, Netflix invested in original content with hits like House of Cards in 2013, transforming into a global entertainment powerhouse. It now operates in over 190 countries, producing diverse content and dominating the streaming industry with millions of subscribers worldwide.