Workflow
Netflix won the streaming battle in 2024: Here's how it grew into a Hollywood disruptor with 280 million subscribers.
NetflixNetflix(US:NFLX) Business Insiderยท2024-12-24 19:11

Core Insights - In 1998, Netflix launched a DVD-by-mail rental service, marking a significant milestone in its business model [1] - Jeff Bezos, the founder and former CEO of Amazon, expressed interest in acquiring Netflix in the same year, offering between $14 million and $16 million [2] Company History - Netflix's inception as a DVD rental service laid the groundwork for its future growth and transformation into a streaming giant [1] - The decision to decline Bezos's acquisition offer is a pivotal moment in Netflix's history, showcasing the company's early vision and ambition [2]