We look deep into the Netflix history to uncover answers to your burning questions. Where did the phrase “Netflix and chill” come from? What has made Netflix so successful?
Keep reading to find out more about Netflix history and trivia.
Why Netflix and chill?
In 2009, when Netflix was just picking up steam, “Netflix and chill” was an innocent phrase. Like, “Work was rough today. I just want to sit on my couch, put on Netflix and chill.” In 2014, the phrase became code for booty calls thanks to memes that men started sending out, with smirks and “when she wants to Netflix and chill.” In 2015, the Urban Dictionary added the phrase to its definitions.
How did Netflix become successful?
Multiple factors led to Netflix’s success. In the beginning, they had a smart model for renting DVDs, better than Blockbuster’s, who faded away. As Peter Cohan wrote for Forbes, “[Netflix] could buy huge quantities of DVDs cheaply, it set up a great computer system so people could order their DVDs, and its process for delivering and collecting DVDs was well-engineered.”
When Netflix jumped into the streaming business, there were some setbacks. The company found it much harder to negotiate good prices with studios and production companies. What did they do? Started making their own quality entertainment. Having great and exclusive Netflix content made them the behemoth they are today.
How did Netflix get started? When was it created?
Reed Hastings and Marc Randolph co-founded Netflix in 1997. A year later, they had an online presence. In 2000, they offered a personal recommendation algorithm to help people find movies. Streaming video was introduced in 2007. In 2013, Netflix became the first streaming service to win an Emmy award. They won three for House of Cards.
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