Netflix is an on-demand video serving application that helps the users to browse through the unlimited stock of content without being distracted by the commercials.
It started by renting out DVDs all across the US, but when the winds of digitization knocked their business door; it took a paradigm shift, keeping the basic idea of serving the entertainment intact while extending its reach to more users and personalizing in the best possible ways.
The revenue model of Netflix is simple. It charges some amount of subscription fees from the users who want to get access to the unlimited content.
IIt can function on many gadgets and run on various operating systems like Smart TVs, Windows Phones, iOS, Android, PC, Mac OS, etc.