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Netflix, Inc.
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== Business Segments == Netflix operates as '''one operating segment'''. Their revenues are primarily derived from membership fees for streaming services. Netflix have approximately 231 million paid memberships in over 190 countries.<ref name=":0" /> Fee structure: 3 different memberships 1. Β Β Standard with ads: $6.99/month with 4-5 minutes of ads per hour at 720p resolution 2. Β Β Standard: $15.49/month 3. Β Β Premium: $19.99/month allowing 4 screens/devices ==== Gaming ==== Netflix games are a collection of mobile games that are available to subscribers at no extra cost. Netflix hired Mike Verdu as the vice president of game development and released mobile games on both android and IOS uses in Nov 2021. Verdu was interested in cloud gaming options and will continue to expand their gaming portfolio. Netflix acquired some studios that develop games such as Night School Studio. By October 2022, Netflix had 35 games and more than 55 in development. There were on average 1.7 million uses a day which is less than 1% of the streaming service users in 2022.
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