NetFlix 2015 Annual Report Download - page 20

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Item 2. Properties
Our corporate headquarters are located in Los Gatos, California and consist of leased space aggregating
approximately 370,000 square feet. In the third quarter of 2015, the Company entered into additional lease
agreements to expand its Los Gatos, California headquarters by approximately 260,000 square feet with a lease
term of 10 years commencing after construction of the facilities, which is expected in late 2016.
In the United States, we lease other offices in various locations, including Beverly Hills, California for
content acquisition, marketing and general and administrative operations and Fremont, California for our DVD
operations. In the third quarter of 2015, the Company entered into an agreement to lease approximately 200,000
square feet in Los Angeles, California, with a lease term of 10 years commencing after the construction of the
facility, which is expected to be in 2017. We also lease office space in other countries to support international
streaming operations.
We believe that our existing facilities are adequate to meet current requirements, and that suitable additional
or substitute space will be available as needed to accommodate any further physical expansion of operations and
for any additional offices.
Item 3. Legal Proceedings
Information with respect to this item may be found in Note 6 of Item 8, Financial Statements and
Supplementary Data, under the caption “Legal Proceedings” which information is incorporated herein by
reference.
Item 4. Mine Safety Disclosures
Not applicable.
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