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Illustration: Sarah Grillo/Axios Visuals

Netflix's 4,181% return from 2010 to the present makes it the S&P 500's best performer of the decade, CNBC reports.

The big picture: Netflix was the catalyst for the now-ubiquitous streaming wars that have overloaded dozens of major platforms with live and on-demand video.

Where it stands: Netflix's current market cap — nearly $148 billion — makes it one of the 40 most valuable companies in the U.S., per CNBC.

  • Netflix’s member base rose to 158.3 million at the end of 2019's Q3, CNBC reports, with international growth as the primary driver.
  • Subscribers from outside the U.S. now account for 62% of all Netflix members.

Yes, but: Netflix faces emboldened competitors loaded with cash, like Disney+ and Apple TV, and the streaming giant may have to spend more on content to retain customers and subscriptions. More competitors also mean more platforms are vying for the same top talent.

Go deeper: The streaming battlefield is getting crowded

Go deeper

Sarah Cooper, comedian known for viral Trump lip-syncs, lands Netflix special

Sarah Cooper's TikTok account. Photo: Drew Angerer/Getty Images

Author Sarah Cooper, best-known for her viral lip-sync impersonations of President Trump on TikTok, will star in a Netflix comedy special in fall 2020, the company announced Wednesday.

The big picture: Cooper, who wrote a pair of best-selling books prior to her internet fame, has seen her platform grow to over 500,000 followers on TikTok and over two million on Twitter, according to Netflix.

The new Washington

Illustration: Sarah Grillo/Axios

The Axios subject-matter experts brief you on the incoming administration's plans and team.

Rep. Lou Correa tests positive for COVID-19

Lou Correa. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

Rep. Lou Correa (D-Calif.) announced on Saturday that he has tested positive for the coronavirus.

Why it matters: Correa is the latest Democratic lawmaker to share his positive test results after last week's deadly Capitol riot. Correa did not shelter in the designated safe zone with his congressional colleagues during the siege, per a spokesperson, instead staying outside to help Capitol Police.

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