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."