How much money did Netflix make in 2007?

Helped by the launch of streaming video, 2007 was the first time in the history of Netflix that it generated upwards of $1 Billion in revenue. Over that year the company’s subscriber base grew 18%, revenues were up by 21% and net income was up by 36%, compared to the 2006 figures.

How has Netflix changed over the years?

Explore its evolution and impact. Netflix has come a long way since its inception in 1997 as a DVD-by-mail rental service. Today, it is a streaming giant with millions of subscribers worldwide and a massive library of original content.

When did Netflix become a streaming service?

Netflix moved into streaming in 2007. By now subscriptions were increasing by leaps and bounds: Three years later, the service had topped 20 million subscribers. The company announces a move into original programming with "House of Cards," a series about Washington intrigue produced by David Fincher and Kevin Spacey. It premiered in 2013.