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Netflix was founded in 1997 in Scotts Valley, California by Reed Hastings and Marc Randolph as a DVD mailing service and later transitioned to an online streaming service. In 2007, Netflix launched streaming video and began producing original content like House of Cards in 2013. Reed Hastings remains the CEO as Netflix has grown to over 118 million subscribers globally by 2018 and become worth over $100 billion focusing on expanding its library of original content.












