WORKSHEET No 1 Internet and its history

Origins and People behind Netflix

Netflix was founded in 1997 in Scotts Valley, California by Marc Randolph and Reed Hastings. The idea of Netflix came to Hastings when he was forced to pay $40 in overdue fines after returning Apollo 13 well past its due date.The company has built a business model of flat-fee unlimited rentals without due dates, late fees, shipping and handling fees, or per title rental fees.
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How Is This Used?

Netflix works with an online streaming on-demand system, for people to use it they have to pay monthly for the service and they can watch whatever content they want available on the website with an account, people can do this in a TV, a computer, a laptop or any mobile devices such as tablets and smartphones
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How is this Site Changing Lives?

Netflix has changed the way people watch series and movies, it was the first company to think of an on-demand online streaming system, changing completely the entertainment industry worldwide, where people can watch shows or movies from their homes, whenever they want without shipping and handling fees, or per title rental fees.
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The Future of this Website

Netflix or at least this kind of on-demand streaming is going to be the television of tomorrow, where people can watch all of the series and movies whenever they want and wherever they want, in the near future all of the series and movies that are released are going to be available on Netflix, and probably all of the people worldwide will use Netflix liked they use TV nowadays, so Netflix will become the new television
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