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Netflix, Inc. was founded on August 29, 1997, by Reed Hastings and Marc Randolph in Scotts Valley, California. Initially offering DVD rentals by mail, Netflix pioneered the subscription-based streaming model and has evolved into the world's leading streaming entertainment service. In January 2025, WWE Raw moved exclusively to Netflix as part of a landmark ten-year, $5 billion deal, marking a significant shift in professional wrestling broadcasting.
