How Much Does it Cost to Make an App like Netflix?
Knowing the influence of the internet in our lives today, it will be difficult to imagine our lives without it. There are a plethora of internet-based services that have revolutionized the world such as emails, blogs, social media and so many of them. The day we are today, would have not been the same, if these services were not available. It reminds us of one such portal that has been entertaining us for many years. Netflix, which every individual loves to watch and enjoy. Not a lot of you know about it, Netflix came up in the world even before Google. Yes, it is hard to believe but Netflix was founded in 1997 whereas Google was in 1998. Initially, it was providing DVDs through the traditional pay-per-rental model but soon after, in 1999, they launched the distribution of TV programs and movies. By the time they have established as an excellent entertainment provider company, it led to a successful IPO in 2002. Going down the memory lane, back in 2002 Netflix made an offer to blockbuster for acquisition in $50 million which they denied. Now, Netflix is valued as a $20 billion worth company.