Netflix xStock

Netflix (NFLX), the largest subscription streaming service in the world, earning almost entirely from monthly fees paid by members in around 190 countries, with a cheaper ad-supported tier added in 2022. It began in 1997 renting DVDs by mail, started streaming in 2007, and moved into making its own films and series so that its catalogue would not depend on studios turning into competitors. NFLXx is a tokenised tracker certificate from Backed Assets (JE) Limited, following the NFLX share price on-chain.