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Netflix yesterday announced that its viewers watched over 1 billion hours of video over the course of June, which comes down to about an hour of video per subscriber per day. At the time I wrote about it, I pointed out that chances are, each hour of Netflix viewing means one less hour being watched of regular old live TV. BTIG analyst Richard Greenfield extrapolated that data and declared Netflix the "most viewed cable network on television.
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Here's more evidence that Netflix is slowly chipping away at traditional TV viewing. According to a public Facebook post by CEO Reed Hastings, Netflix subscribers watched a total of 1 billion hours of video for the first time in Jun... Read Post

Here’s more evidence that Netflix is slowly chipping away at traditional TV viewing. According to a public Facebook post by CEO Reed Hastings, Netflix subscribers watched a total of 1 billion hours of video for the first time in Jun... Read Post

According to Netflix CEO Reed Hastings, its subscribers watched more than one billion hours of programming in June. One billion hours of Netflix programming averages out to about 80 minutes per subscriber per day.  Though numbers fo... Read Post