Netflix
Verified“A US streaming giant with a Dutch front door.”
- 2024 revenue
- $39.0B
- Members
- ~302M
- EMEA share
- ~32%
- Employees
- ~14,000
22 = midpoint of Control 20 & Data 24
Sovereignty Quadrant
Control β who owns & governs the company Β· Data β where your data lives. Every dot is a company β click to open it.
Every number below traces to 12 sourced facts across 10 independent sources, last verified 2026-06-12. 3 open questions hold confidence at 88% β they lower confidence, never the score.
Control β
Who legally and economically controls the company
Legal & Jurisdiction
30
Incorporated in Delaware (USA) with principal executive offices in Los Gatos, California. Netflix does operate a genuine EU establishment, Netflix International B.V. in Amsterdam, which is the GDPR lead/data controller for European members and is reachable by EU law (Dutch DPA fined it EUR 4.75M in Nov 2024). But that entity sits under the US parent and the group is governed by US/Delaware law, so EU enforceability is partial rather than primary.
Why 30? 3 sourced facts · click to expand
EU main establishment / lead data controller
GDPRhub / Dutch DPA (AP) Netflix case Β· as of 2024-11-26
EU law reaches the Dutch entity (enforcement evidence)
SteelEye / Dutch DPA enforcement summary Β· as of 2024-11-26
Control & Ownership
10
Listed on NASDAQ (NFLX) with a single class of common stock β no dual-class control vehicle β but voting and economic ownership are dominated by US institutional investors (Vanguard ~8.6%, BlackRock ~7.3%, FMR ~5.2%). There is no EU voting control and no EU economic majority. Both control and economics sit in the United States.
Why 10? 3 sourced facts · click to expand
Share structure
Netflix Inc Form DEF 14A / 10-K, SEC EDGAR Β· as of 2025-04-07
Largest shareholders (all US asset managers)
Schedule 13G/A filings, SEC EDGAR Β· as of 2025-04-07
Data β
Where your data lives and who can reach it
Data & Infrastructure
18
Netflix's control plane (account, recommendations, billing, encoding, microservices) runs on Amazon Web Services, a US hyperscaler subject to the US CLOUD Act; Netflix completed its migration off its own data centers onto AWS in 2016. Video delivery uses Netflix's proprietary Open Connect CDN embedded inside ISPs worldwide (including the EU). European member personal data is transferred to and processed in the United States. There is no EU-owned, EU-sovereign infrastructure; EU presence is at most US-cloud regions plus on-net caches.
Why 18? 3 sourced facts · click to expand
Compute/control plane provider
Netflix Open Connect overview / AWS case studies Β· as of 2024-01-01
Content delivery
Netflix Open Connect overview Β· as of 2024-01-01
EU member data transferred outside the EU (incl. US)
Netflix international transfers page / Dutch DPA case Β· as of 2024-11-26
Operations & People
32
Headquartered in Los Gatos, California, led by two US-based co-CEOs (Ted Sarandos, Greg Peters) with Reed Hastings as chairman; reports in USD; ~14,000 full-time employees concentrated in the US. Europe is the largest non-US market: EMEA was ~32% of 2024 revenue (~USD 12.4B, 94.2M memberships) and the Amsterdam EU hub employs several hundred staff. Operations are mixed but clearly US-centered.
Why 32? 3 sourced facts · click to expand
Headquarters and leadership
About Netflix (official) Β· as of 2023-01-01
Workforce size and reporting currency
Netflix Inc Form 10-K (FY2024), SEC EDGAR Β· as of 2024-12-31
EMEA revenue share (Europe is largest intl market)
Bullfincher (from Netflix 10-K segment data) Β· as of 2024-12-31
Aligned to the EU Commission’s official Cloud Sovereignty Framework (SEAL, Jun 2026) β
What we don’t know
3 open questions β they lower confidence, never the score
- ?
Exactly which AWS regions host EU member data, and how much is pinned to EU regions vs replicated to the US.
Affects the infra score: EU-region residency would lift it slightly, but CLOUD Act exposure to the US parent/AWS remains regardless.
- ?
The full list of the 12 non-EU countries to which Netflix transfers personal data and the precise SCC/adequacy safeguards per recipient.
Affects how cleanly EU data-transfer compliance can be assessed post the 2024 transparency fine.
- ?
Headcount and decision-making authority of Netflix International B.V. in Amsterdam relative to US HQ.
Affects operations score β a more autonomous EU entity would marginally raise EU-centeredness.
EU Cloud Sovereignty Framework lens
SEAL-style mapping is illustrative, not a certification: the framework targets cloud/infrastructure providers, and Netflix is a streaming service consuming third-party (AWS) infrastructure.
Strategic
US-headquartered, US-controlled global platform; strategy set from Los Gatos, no EU strategic autonomy.
Legal & jurisdictional
Delaware incorporation under US law; EU reach exists only via the Amsterdam subsidiary (GDPR lead controller).
Data & AI
Member data transferred to the US; recommendation/ML and analytics run on AWS under US-parent control.
Operational
Real EU operating footprint (Amsterdam hub, ~32% EMEA revenue) but day-to-day control is US-centered.
Supply chain
Significant EU content production/commissioning, but core tech vendors (AWS, payments, ads) are US-based.
Technological
Compute on US hyperscaler AWS plus proprietary Open Connect CDN; no EU-sovereign tech stack.
Security & compliance
GDPR-engaged (SCCs claimed) but fined EUR 4.75M by Dutch DPA in Nov 2024 for transparency failures; SOC/ISO posture typical of US big tech.
Environmental sustainability
Not evaluated in this jurisdiction-focused profile.
EU alternatives
EU-owned streaming service (RTL Group / Bertelsmann), strong local/European catalogue; smaller library and footprint than Netflix.
EU public-broadcaster streaming with strong European content and data residency; not a global general-entertainment substitute.
Nordic EU-listed streamer with original European programming; regional focus and narrower catalogue.
How the method works
Methodology v2 (provisional): the score is the midpoint of two axes β Control (who owns and governs the company) and Data (where your data lives and who can reach it). Each axis is scored only on verified evidence; unknowns reduce confidence, never the score. Every input below is sourced; the weights and judgments are open to challenge.
Spotted an error? Every claim is sourced β challenge it and we correct the record.
- 2026-06-12 β Initial golden profile, authored from primary sources (human + AI review).
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Verified 2026-06-12 Β· Human + AI joint review (sources independently checked) Β· Methodology