Netflix Subscribers Watched 2 Billion Hours of Streaming Content in Q4 2011
With all the fuss over Netflix's price hikes and near-catastrophic amputation of its DVD-by-mail arm, after the all the pitchfork wielding, the mass exodus, falling stock price, and everything else company CEO Reed Hastings and the rest of the Netflix crew would like to forget about, subscribers still kicked back on their couches and tuned in to what the streaming outfit had to offer.
According to Netflix, it served up more than two billion hours of streaming TV shows and movies to its members who stuck around in the fourth quarter of 2011, of which there are more than 20 million globally.
"We were thrilled to deliver more than two billion hours of TV shows and movies across 45 countries in the fourth quarter," said Netflix Co-Founder and CEO Reed Hastings. "Netflix delights members by giving them choice, convenience and control over the entertainment they love for an incredibly low price."
Netflix is working to rebuild its reputation after angering subscribers and investors alike with questionable business decisions towards the end of last year. Going forward, Netflix will add original content to its streaming service, including a political thriller called "House of Cards" and a series called "Lilyhammer," which looks to be a mix of "Sopranos" and "Fargo."
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JohnP
January 04, 2012 at 11:47pm
Netflix basically let me turn off the cable here in the house. There is enough content to satisfy my son.
The best platform, bar none, for watching Netflix is the latest roll of the XBox360 over XBox live. Very high quality and no streaming issues at all. Looks better than my HTPC or on my main 4GHz machine with NVidia GTX 580 streaming to my 2560 by 1440 monitor. Go figure...
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vrmlbasic
February 06, 2012 at 8:19pm
Are you saying that all 3 devices stream to the same monitor and that the 360 looks the best when doing so? IMO my phone looks the best for Netflix, but that's mainly because a small screen @ qHD makes even old-school 4:3 content look pretty good.
I don't see how this "cord-cutting" really works as any ISP worth anything in my area is also a cable provider and pairs its services together. FiOS, Xfinity/Comcast, Broadstripe.
That said, with OTA HD I could totally live on Hulu and Netflix, IF Netflix would get some more History and Military channel content. Seriously, those channels are like crack. Though I expect I'm in the minority on that here, seeing as the commercials on the show do NOT appeal to my demographic at all. ;(
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Deblackmon3
January 04, 2012 at 8:03pm
Imagine how much better the world could have been if people donated that time instead of wasted it.
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vrmlbasic
February 06, 2012 at 8:15pm
Donating time? Would that be like the cheesy movie "In Time" whose class-warfare pandering and formulaic development sullied the reputation of White Collar's Matt Bomer, and Justin Timberlake?
I certainly hope not.
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firefox91
January 05, 2012 at 10:31am
Yes because we should all be doing something productive in our free time. Relaxing is what is sleep is for. No need for entertainment, the real world provides tons of it. Just today alone I have been "entertained" with 3 hours of meetings, being micromanaged, replying to about 1000 e-mails. All this stuff is great amounts of fun. Why would I be interested in seeing an action flick with lots of gunplay or a comedy to make me laugh my ass off. Nah, don't need that crap.
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