Netflix is going upAll my friends have Netflix. I don’t. But they all love it.
All my friends have Netflix. I don’t. But they all love it.
And they are not alone. People absolutely love the product.
Full article here
Here are some crazy statistics:
Netflix says it will produce a whopping 1,000 hours of original TV shows and movies in 2017, and that’s a good thing since people keep watching more and more Netflix.
The number of hours of Netflix the average subscriber watches has gone up steadily since 2011, at an average of 16.4% per year. In 2011, using Netflix data, we can estimate that each subscriber watched about 51 minutes of Netflix per day (about 310 hours per year). And while official Netflix data hasn’t come out yet for this year, CordCutting.comestimated that for 2016, users are on track to stream 600 hours of content each, on average.
Particularly heartening for Netflix should be its popularity among younger viewers. In a Piper Jaffray survey of 10,000 US teens released last month, 37% of teens said they watched Netflix every day. Every day!
Netflix’s big competitors, Amazon Prime Video and Hulu, came in way below Netflix at just 3% each. That means Netflix is over 12 times as popular in terms of daily use.
Wow. Crazy numbers.
Originally published at www.jordangonen.com on November 14, 2016.
Exported from Medium on February 17, 2018.