*By Bridgette Webb* Netflix has gone through a whirlwind of changes since its 1997 launch. Evolving from a DVD rental company to a global leader in video streaming that's disrupted an entire industry. And a key reason for its growth, according to the company's vice president of product Gibson Biddle, has been the its ability to deliver personalized recommendations. "Even in the early days, we were trying to get to know a member and their movie taste...and then magically connect them through algorithms," Biddle said in an interview on Cheddar Wednesday." That strategy has helped Netflix grow its subscriber base to 125 million users worldwide. That reach is something that originally seemed outrageous to Biddle. "In 2005 we put it out there that by 2010 we'd have 20 million subscribers," he said. "That felt audacious at the time." Biddle left Netflix in 2010 and served as Chief Product Officer at Chegg until 2015. Netflix reports earnings after the bell on Monday. It's expected to have added 6.2 million subscribers in the quarter, bringing its total to 131.2 million globally. For the full segment, [click here.](https://cheddar.com/videos/netflixs-evolution)

Share:
More In Business
DeSantis Attorneys Ask Federal Judge to Dismiss Disney's Free Speech Lawsuit
Attorneys for Gov. Ron DeSantis are asking a federal judge on Tuesday to dismiss a free speech lawsuit filed by Disney after the Florida governor took over Walt Disney World's governing district in retaliation for the company opposing a state law that banned classroom lessons on sexual orientation and gender identity in early grades.
x
Holiday Gifting Ideas
Load More