Company
Netflix
Who owns the shelf, who is tied to it on the public record, and how the titles on this desk score.
46
211 titles on this desk. 11 at 70 or above. 72 under 40.
Netflix, Inc. · Nasdaq: NFLX
Los Gatos, California. Founded 1997, Reed Hastings and Marc Randolph.
The company
Netflix is a public streaming company. It began as a DVD-by-mail service and now sells a global membership and a smaller advertising tier. It is not a broadcaster and it does not hold an FCC license.
Who owns it
Widely held. The largest reported holders are index managers, Vanguard, BlackRock, and Fidelity among them. They own a slice of almost every public company. That is not a special hand on the slate. Reed Hastings, the co-founder, and Ted Sarandos have been the largest individual holders.
Public offices
OpenSecrets counted about $2.15 million in federal lobbying in the recent cycle, filed mostly through Mehlman Consulting, Monument Advocacy, and a small in-house staff. The named issues were telecommunications, taxes, trade, broadcasting, and copyright. Twenty-six of forty named lobbyists had worked in government. None was a former member of Congress. Ted Sarandos is married to Nicole Avant, who served as U.S. ambassador to the Bahamas. That is a family office of public record, not a seat on the board.
Who connects to whom
Tap a name. The lines are ownership, a job, a lawsuit, or a marriage that is already in the record. Index funds are holders, not editors.
Money, tax, and the payroll
People
About 14,000 in recent annual reports
Revenue
About $39 billion in 2024, with revenue up 16% in 2025. Net income in 2024 was about $8.7 billion. Operating margin in 2025 was reported at 29.5%.
Tax
A profitable public company. The cash tax is in the 10-K and moves with credits and foreign earnings. This desk does not restate the return. Tax was one of the issues its lobbyists named.
How many are watching
Netflix published a membership count through 2024, about 302 million at year end. It then stopped putting that number in the quarterly report. There is no public daily or weekly census. Months between the marks are not shown.
million paid memberships
Who it is built for
Households
A membership is a house, not a person. Several people share one login.
Ads tier
The cheaper ad-supported plan is the growing edge. It is still a minority of the membership.
Age
No public age table. The slate is built for adults and, on a smaller row, for children.
Who watches the watcher
OpenSecrets
Publishes the lobbying filings. It does not grade the shows.
Common Sense Media
Rates individual titles for parents. It does not govern the company.
FTC
Consumer and privacy authority. Netflix is not an FCC licensee.
The eight, over time
Now is counted from the titles on this desk. Earlier years keep that shape and move the level. They are the house's prior reading, not eight new audits.
- Industry50
- Household48
- Piety30
- Courage51
- Republic43
- Temperance45
- Truth52
- Stewardship46
What is on the shelf
Company filings and proxy (2025 pay, margin, membership through 2024). OpenSecrets lobbying roster. Holder lists as reported by the company and the funds.
Petition
The desk does not send the letter. Copy it, sign your name, and take it to the person who can act.