Follow RT for news on entertainment companies, including Netflix, established by American tech entrepreneurs Reed Hastings and Marc Randolph in 1997 in California. Visit RT.com to read news and information on the founders’ background and on the creation of the company. Netflix is a provider of streaming media, including films and TV series. Get the news and details on Netflix’s content and its online distribution. In 2008 Netflix became the world’s most valuable entertainment company, overtaking the Walt Disney Company. Find the news and updates on the activities and work of Netflix.