who made netflix

Netflix was founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California. They started Netflix as a DVD rental service by mail, evolving later into a leading streaming entertainment company. Hastings was inspired to create Netflix after being charged a late fee for a Blockbuster rental, which led to their idea of a subscription-based model that eliminated late fees. Together, Hastings and Randolph launched Netflix as an online DVD rental platform, which eventually introduced streaming video in 2007, revolutionizing how people consume media.