Pocket Option OTC Assets. The best companies in the world. Netflix.

A wide choice of OTC assets is available for clients of Pocket Option. Today we’ll talk about Netflix.

Netflix undoubtedly is a household name. Chances are, you either use it to watch films and TV shows or at least know about the company. But you might not know that Netflix will turn 25 this year.

Netflix was founded in 1997 in California as a mail-based DVD rental business. With 30 employees and 925 films available, they became the world’s first online DVD rental store. In 1999, Netflix introduced something the company is known for today: a monthly subscription.

The next few years proved volatile. The dot-com bubble collapse of 2001 and the September 11 attacks threatened the company and forced Netflix to lay off a third of its employees. However, the company adapted and saw rapid growth in 2002, when DVD players became more affordable and topped the Christmas wishlists. In both cases, Netflix could adjust to the changing circumstances and stay on the market. In 2005, daily shipments of DVDs amounted to one million.

In 2007, Netflix became the company we know and love today. Though it only had 1000 films, it launched a streaming media service and never stopped growing. In 2010, Netflix went international, and in 2013, it started streaming its first original content, House of Cards.

Netflix is a story of adaptability and finding a way in ever-changing circumstances. From 2.5 million subscribers and $682 million revenue in 2005 to 203 million subscribers and $25 billion revenue in 2020, the company found its path to success. You, too, can trade its assets today.

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