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The Future 50

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4

Netflix

NFLX

The former movies-by-mail company, now a streaming-­media mammoth, is rapidly shifting focus away from subscriber growth (at about 51 million paying customers, the U.S. market is nearly maxed out for Netflix) and toward revenue and margin expansion on top of its global footprint. At the same time, Netflix, based in Los Gatos, Calif., is spending large sums on developing original content—$7 billion is earmarked for 2018—to mitigate a decline in licensed media. So far, so good: In its third quarter, Netflix grew sales by 30% over 2016.

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Overall Score

3.4

Sector

Technology

Industry

Internet Services and Retailing

CEO

Reed Hastings

Employees

3,300

HQ Location

Los Gatos, Calif.

Revenues ($M) (Past 12 Months)

$10,190

Profits ($M) (Past 12 Months)

$362

Market Value as of Oct. 9, 2017 ($M)

$84,999

Revenue and net income for 12 months ended June 30, 2017. Source: S&P Global.
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