Netflix(redirected from Red Envelope Entertainment)
NetflixThe world's largest video streaming service from Netflix, Inc., Los Gatos, CA (www.netflix.com). Founded in 1997 by Marc Randolph and Reed Hastings, Netflix started out as a DVD rental company. Within 10 years, it shipped its billionth DVD. The company still offers DVDs and Blu-ray discs by mail along with a postage-paid return envelope. However, at the end of 2020, Netflix could claim nearly 200 million streaming subscribers worldwide.
In 2008, Roku was the first company to offer a dedicated Netflix set-top box that connects the TV to the home network for video streaming. Subsequently, Netflix streaming has been built into other set-top boxes such as Apple TV, Roku and Fire TV, as well as Blu-ray players and smart TVs. Since the demise of physical discs was long predicted, Netflix ("Internet movies") was a fitting name for the service. See Hulu, VUDU, Apple TV, Roku, Fire TV, Android TV and smart TV.
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