The Netflix Inc (NASDAQ: NFLX) stock price has been a blockbuster (hurr, hurr) stock to own for many years.
In the past five years, Netflix stock is up from just $50 to over $360. But go back to 2002, when Netflix was posting DVDs to customers from its online portal, the media-technology business had a stock price of around $1.
I know what you’re thinking… everyone knows Netflix is the best investment that could have been, right?
Here are three things you might not know about Netflix Inc:
1. Netflix Has 150 Million Subscribers Worldwide
In 2018, Netflix had an enormous 150 million video-streaming subscribers. That’s up from around 23 million in 2011.
$15 per month might not be much to you and I — but if you get 150 million people willing to pay it’s enormous.
2. Netflix Accounts For A Quarter Of All Global Video Streaming
Think downloading illegal movies from Pirate Bay is taxing on your PC?
Try allowing 100+ million subscribers to download at 4K quality from anywhere in the world.
According to the 2018 Sandvine Global Internet Phenomena Report, Netflix’s video content (26%) accounted for more streaming than Amazon.com Inc (AMZN) (6%) and even YouTube (21%). Keep in mind YouTube has over 2 billion users!
3. Netflix Spent $US12 Billion On Content In 2018
According to Variety, in its 2018 financial year, Netflix spent around $US12 billion ($17 billion) on content. Think of the Netflix Originals you watch. That stuff often takes years to film.
Now What?
From a thick-skinned, long-term shareholder’s perspective, Netflix has been a life-changing investment and that’s unlikely to change anytime soon. But if you think you missed out on all the fun, think again…
Australian investors can open a US brokerage account and buy Netflix shares if they choose. Then again, there are many Aussie technology success stories right here on our doorstep, like those two in the free report below…
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