Netflix (NASDAQ: NFLX) has been one of the giant growth stocks of the 21st century. It's up almost 27,000% since its IPO in 2002. That's not a Monster Beverage (a stock that is up 65,000% in that time frame), but it's still an incredible run. Netflix has changed the way we watch television. More of us stream it now, with more control over what we watch and when we watch it.
Netflix has always been a distributor of other people's content, including many movies and shows made by Walt Disney (NYSE: DIS), the undisputed king of media content. Six years ago, Netflix made a fateful decision to start producing its own films and TV shows, which made it a direct competitor of Disney. It started in 2013 with one show: House of Cards. Since then, we have seen a deluge of original programming from Netflix, including shows like Stranger Things and movies like Bird Box and Murder Mystery.
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