Netflix is a seven-letter word that is a big name in streaming. It is an American media-services provider and production company founded in 1997 by Reed Hastings and Marc Randolph. Netflix is known for its subscription-based streaming service, which offers online streaming of a library of films and television programs, including those produced in-house. It has become one of the most popular streaming services in the world, with over 193 million paid subscribers in over 190 countries.