Netflix, Inc. is an American media-services provider and production company headquartered in Los Gatos, founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California. The company's primary business is its subscription-based streaming service which offers online streaming of a library of films and television programs, including those produced in-house; as of April 2019, Netflix had over 148 million paid subscriptions worldwide, including 60 million in the United States, over 154 million subscriptions total including free trials. It is available worldwide except in mainland China, North Korea, Crimea; the company has offices in the Netherlands, India and South Korea. Netflix is a member of the Motion Picture Association of America. Netflix was founded on August 29, 1997, in Scotts Valley, California, by Marc Randolph and Reed Hastings. Randolph worked as a marketing director for Pure Atria. Randolph was a co-founder of MicroWarehouse, a computer mail order company, was employed by Borland International as vice president of marketing.
Hastings, a computer scientist and mathematician, sold Pure Atria to Rational Software Corporation in 1997 for $700 million in what was the biggest acquisition in Silicon Valley history. They came up with the idea for Netflix while commuting between their homes in Santa Cruz and Pure Atria's headquarters in Sunnyvale while waiting for government regulators to approve the merger, although Hastings has given several different explanations for how the idea was created. Hastings invested $2.5 million in startup cash for Netflix. Randolph admired the fledgling e-commerce company Amazon and wanted to find a large category of portable items to sell over the Internet using a similar model, they rejected VHS tapes as too expensive to stock and too delicate to ship. When they heard about DVDs, which were first introduced in the United States on March 31, 1997, they tested the concept of selling or renting DVDs by mail, by mailing a compact disc to Hastings' house in Santa Cruz; when the disc arrived intact, they decided to take on the $16 billion home video sales and rental industry.
Hastings is quoted saying that he decided to start Netflix after being fined $40 at a Blockbuster store for being late to return a copy of Apollo 13. But this is an apocryphal story that he and Randolph designed to explain the company's business model and motivation. Netflix was launched on April 14, 1998, as the world's first online DVD rental store, with only 30 employees and 925 titles available, the entire catalogue of DVDs in print at the time, through the pay-per-rent model with rates and due dates that were similar to its bricks-and-mortar rival, Blockbuster. Netflix introduced the monthly subscription concept in September 1999, dropped the single-rental model in early 2000. Since that time, the company has built its reputation on the business model of flat-fee unlimited rentals without due dates, late fees and handling fees, or per-title rental fees. In 2000, when Netflix had just about 300,000 subscribers and relied on the U. S. Postal Service for the delivery of their DVDs, they were losing money and offered to be acquired by Blockbuster for $50 million.
They proposed that Netflix, which would be renamed as Blockbuster.com, would handle the online business, while Blockbuster would take care of the DVDs, making them less dependent on the U. S. Postal Service; the offer was declined. While they experienced fast growth in early 2001, both the dot-com bubble burst and the September 11 attacks would occur that year, affecting the company badly and forcing them to lay off one-third of their 120 employees. However, sales of DVD players took off as they became more affordable, selling for about $200 around Thanksgiving time, becoming one of that year's most popular Christmas gifts. By early 2002, Netflix saw a huge increase in their subscription business. Netflix initiated an initial public offering on May 29, 2002, selling 5.5 million shares of common stock at the price of US$15.00 per share. On June 14, 2002, the company sold an additional 825,000 shares of common stock at the same price. After incurring substantial losses during its first few years, Netflix posted its first profit during fiscal year 2003, earning US$6.5 million profit on revenues of US$272 million.
In 2005, 35,000 different films were available, Netflix shipped 1 million DVDs out every day. Randolph, a dominant producer and board member for Netflix, retired from the company in 2004. Netflix was sued in 2004 for false advertising in relation to claims of "unlimited rentals" with "one-day delivery". For some time, the company had considered offering movies online, but it was only in the mid-2000s that data speeds and bandwidth costs had improved sufficiently to allow customers to download movies from the net; the original idea was a "Netflix box" that could download movies overnight, be ready to watch the next day. By 2005, they had acquired movie rights and designed the box and service, were ready to go public with it, but after discovering YouTube, witnessing how popular streaming services were despite the lack of high-definition content, the concept of using a hardware device was scrapped and replaced with a streaming concept instead, a project, completed in 2007. Netflix developed and maintains an extensive personalized video-recommendation system based on ratings and reviews by its customers.
On October 1, 2006, Netflix offered a $1,000,000 prize to the first developer of a video-recommendation algorithm that could beat its existing algorithm Cinematch, at predicting customer ratings by more than 10%. In February 2007, the company del
USCGC Heriberto Hernandez is the 14th Sentinel-class cutter delivered to the United States Coast Guard. Like five of her sister ships, her initial assignment will see her based in Puerto Rico; the Coast Guard decided to design all its new cutters its smallest, to be able to accommodate mixed sex crews. The Sentinels, the smaller Marine Protectors, have berthing areas of various sizes, to make this possible. A Sentinel's complement is 22, they are armed with a 25 mm Bushmaster autocannon, that can operated remotely, four crew-served fifty caliber Browning machine guns; the cutters are equipped with a sophisticated modern sensor suite, that can share data with other vessels. The Sentinel class is equipped with a stern launching ramp, that can deploy and retrieve the vessel's 7-meter high-speed jet-boat when the vessels are underway. Only a single crewmember is required to remain on deck to retrieve the jet-boat. Heriberto Hernandez was commissioned in her home port, San Juan, Puerto Rico, on October 16, 2015.
Like all of the cutters of her class she is named after someone who served in the Coast Guard, or one of its three precursor services, the United States Revenue Cutter Service, the United States Lighthouse Service or the United States Lifeboat Service, recognized for their heroism. Heriberto Hernandez lost his life when he was a fireman on board a Point-class cutter, USCGC Point Cypress. Point Cypress was patrolling a river in South Vietnam, during the Vietnam War, he received a posthumous Bronze Star for valor
Tenussian Vaccuvasco is an experimental film by Daryush Shokof with an original structure and setting. The whole film takes place in a four-story building with 9 windows, as we view 9 different life styles of nine different crowd of people from different ranks of the society. Tenussian Vaccuvasco was made in Berlin, Germany in 2000, it was produced by Taies Farzan, was shot in 3 days with digital cameras and had a cast of over 100 people who had to undergo amazing physical burdens for the film. Each window in the building shows the life of a crowd and or residents in the apartment in the building block. Residents differ from Boxers to drug dealers to lovers and or a Maniac couple slapping each other in the face for fun, their funny ritual of slapping each other in the face ends in a bloody finale. as the film continues the stories begin to become more intertwined, complicated. They start to relate to one another, begin to collide and connect; the hilarious situations peak as people start going into other people's apartments through the open windows in the building block.
The party people enter the room of the drug dealer and steal the drugs that belongs to bad group of organized crime people who are after the dealer anyway, will find him to clear their accounts. Many different situations and absurd dramaturgy of each scene in each apartment keeps the tenants busy and engaged with humorous results. Soon more twists and troubles prevail alongside much fun and comedy moments that give the whole film a layer of lightheartedness. Shokof explained that some of the actors had to run up and down the stairs in order to be ready to act in the next scene and in a different apartment more than 5 times in a single hour to keep the continuity of the scenes intact as they had to shoot without a "cut"; the Boxers had to box for over half an hour in their room on the fourth floor before the crane and camera could have reached them after covering other stories from the first floor up and "uncut". The boxers had to remain boxing for an hour to keep the film in continuity when the camera reached their scene on the fourth floor.
The music contributions by Ravi Shankar and Mikis Theodorakis, Dissidenten and Taies Farzan make the whole film a popular one for regular movie viewers though the film remains an experimental effort to the end. Taies Farzan Hasan ali Mete Daryush Shokof Drew Sarich Candice Farzan Farkhondeh Maal Daryush Shokof The film won 3 awards at the NYIIFVF in 2000.