NETFLIX INC
Netflix, Inc. is a leading entertainment service provider with over 260 million paid memberships in over 190 countries. The company offers TV series, films, and games that members can watch anytime, anywhere, and can change their plans at any time. Netflix's core strategy is to grow its business globally while continuously improving its members' experience by offering compelling content and improving its technology. The company operates as one segment and generates revenues primarily from monthly membership fees. Its business is intensely competitive, and it faces competition from other entertainment video providers, video gaming providers, and more broadly from other sources of entertainment. Netflix's membership growth exhibits a seasonal pattern, with the fourth quarter representing the greatest growth. The company regards its intellectual property, including trademarks, copyrights, patents, and trade secrets, as important to its success. It operates a website at www.netflix.com and its ticker symbol is NFLX.