Netflix became the largest entertainment company by market capitalisation on July 10, 2020. Netflix released about 126 original series and films in 2016, more than any other cable channel. We can watch as much as we want and whenever we want on Netflix without a single ad. We can enjoy watching TV on Netflix at one low monthly price. New TV shows and movies are added every week in Netflix and there is always something new to discover. We can watch Netflix on our smartphones, tablets, smart TV, laptop or other streaming device. The primary business of Netflix is its subscription based streaming service which serves online streaming of a library of films and TV Series. The monthly subscription concept of Netflix was introduced in September, 1999. On May 29, 2002 Netflix started an initial public offering selling 5.5 million shares of common stock at the price of US 15.00 dollars per share.