Netflix: Redefining Entertainment
A deep dive into the world's leading entertainment company, from movies to series to games and live events
Hi, fellow investors!
Welcome back to another deep dive on a wonderful company. This time, we’re analyzing Netflix, the biggest streaming service company in the world.
Netflix, the streaming service giant we all know and love. With more than 277 million subscribers and a vast library of entertainment, including movies, TV series, and games, the company is a clear market leader in its industry. Netflix generated more than $5 billion in earnings on over $33 billion of revenue in 2023. But how did Netflix reach its current position, and is Netflix a good investment today?
Table of Contents
1. History
1.1 Marc, Reed, and DVDs
1.2 David and Goliath
1.3 From DVD to Streaming
2. Contemporary Business
2.1 Netflix’s Business Model
2.2 The Essential Numbers
2.3 A Streaming Service’s Moat
2.4 Leap into the Future
3. Management
3.1 Greg Peters and Ted Sarandos
3.2 Ownership and Compensation
3.2 Capital Allocation