Netflix

(NASDAQ: NFLX · $70.61 ▲ 0.4%) Netflix is a subscription entertainment service that offers TV series, films, games and live programming across a wide variety of genres and languages. Its catalogue includes feature films, documentaries, TV shows, anime and Netflix originals, with new shows and movies added every week. Netflix works in the subscription video-on-demand category, where revenue comes from recurring membership fees rather than per-title purchases, so a steady flow of new content is central to keeping members subscribed.

Members can play, pause and resume watching as much as they want, anytime and anywhere, on smart TVs, smartphones, tablets, laptops, streaming media players and game consoles such as PlayStation and Xbox. The iOS and Android apps let members download shows to watch offline, and viewing is also available on the web at netflix.com. This broad device support reflects how streaming services typically compete: by being available on whatever screen a household already owns.

Membership is sold as a fixed monthly fee, and members can change their plans at any time; in Thailand, for example, plans range from THB 99 to THB 419 per month. Accounts can be cancelled online without cancellation fees, and memberships can be started or restarted at any point. A Kids experience is included in the membership, with separate kids profiles and PIN-protected parental controls that restrict maturity ratings and block specific titles. Region-specific pricing in local currency is a common approach for global streaming services, letting them adjust plans to local markets while offering a consistent product.