Randolph had worked as a marketing director for Pure Software after Pure Atria acquired a company where Randolph worked. Hastings, a computer scientist and mathematician, was a cofounder of Pure Software, which was acquired by Rational Software that year for $750 million, the then biggest acquisition in Silicon Valley history. Netflix was founded by Marc Randolph and Reed Hastings on August 29, 1997, in Scotts Valley, California. Reed Hastings, co-founder and the current chairman and CEO By 2022, original productions accounted for half of Netflix's library in the United States, and the company had ventured into other categories, such as video game publishing via the Netflix service. With over 232 million paid memberships in more than 190 countries, it is the most-subscribed video on demand streaming service. Netflix was launched on January 16, 2007, nearly a decade after Netflix, Inc. It offers films and television series from various genres, and it is available in multiple languages. Netflix is an American subscription video on-demand over-the-top streaming television service owned and operated by Netflix, Inc., a company based in Los Gatos, California. Worldwide (excluding Mainland China, North Korea, Russia and Syria) ΔΆ32.5 million (as of April 1, 2023 )
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