Netflix Inc. operates a straightforward business model centered on a single core offering: its streaming service. The company has the largest television entertainment subscriber base in both the United States and international markets, with more than 300 million subscribers worldwide. Netflix reaches nearly the entire global population outside China. Traditionally, the company has avoided maintaining a regular lineup of live programming or sports content, focusing instead on on-demand access to episodic series, films, and documentaries. In 2022, Netflix launched ad-supported subscription plans, adding exposure to the advertising market alongside subscription fees, which had previously generated nearly all of its revenue.