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1 Sep, 2011

Loses Starz Entertainment partnership

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After a significant dip in Netflix stock, Starz Entertainment announces that they would not be renewing their deal with Netflix. The agreement was strictly for streaming movies, so Netflix DVD rentals were not affected. Starz’s decision means Netflix customers will no longer have access to movie titles from Disney or Sony Pictures, as Starz was the sole distributor of the films.

1 Oct, 2008

Partners with Starz Entertainment

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Netflix partners with Starz Entertainment to bring more than 2,500 titles available to watch instantly on the Netflix site, a feature called Starz Play.

The coupling of Starz Play with our growing library of streaming content is an important step forward for both companies and for consumer choice

29 May, 2002

Initial public offering

IPO0 Comments

Netflix initiates an initial public offering, selling 5.5 million shares of its common stock at $15 per share. It is traded under the symbol “NFLX”.

Sep 1999

Monthly subscriptions start

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Netflix offers a monthly subscription to customers. For a flat monthly rate, customers can rent films without due dates, late fees, shipping and handling fees, or per title rental fees.

29 Aug, 1997

Business start

Founding0 Comments

Marc Randolph and Reed Hastings found and launch the Netflix website after Hastings was outraged at a $40 overdue fee when he tried returning Apollo 13 to a local video rental store. Originally, Netflix was created with 30 employees and only 940 titles for rent at 50¢ a piece.