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Start of Company
Reed Hastings and Marc Randolph from the company in Scotss Valley, California some time this year -
Company Founders
Marc Randolph and Reed Hastings founded the company to offer free online DVD rental. -
Period: to
Netflix's Existence
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Online Subscription Service
Netflix Launches it's subscription service, allowing for unlimited rentals. -
Ratings System
Netflix launches its user recomendation system to try and predict user choices -
IPO
Netflix has it's IPO with shares at $15 each -
The Netflix Prize
Netflix offers 1 million dollars to anyone who can fina a way to accurately predict movie choices based on ratings -
Streaming
Netlfix allows subscribed users to instantly watch selected movies and TV shows -
Streaming on New Devices
Netflix now streams on the Xbox 360, the Apple Macintosh computer, Blu-ray and TV set-top boxes. -
Even More Streaming
Netflix begins streaming on the PS3 and Internet connected devices -
Netflix Prize Awarded
The Netflix prize is awarded to the team going by "BellKor's Pragmatic Chaos" -
Yet More Streaming
Netlfix now streams on iPads, iPhones, iPod Touches, and the Nintendo Wii -
30 Million Members
Netflix surpasses 30 Million Members
