Friday, January 6, 2012

Netflix - 20M Subscribers, 45 Countries, 2 Billions Minutes of Streaming Video

Netflix CEO, Reed Hastings (pictured), underestimated the popularity of the streaming video service when he said last month " .. subscribers will stream more than 1 billion hours of content in the current quarter" (see "Verizon to Compete with Netflix on OTT Video" - here). 

Now, Netflix summarized Q4 and announced that "With more than 20 million streaming members globally .. We were thrilled to deliver more than two billion hours of TV shows and movies across 45 countries [see posts about Canada, Latin America, New Zealand, UK] in the fourth quarter".

See "Netflix Members Enjoy More Than Two Billion Hours of Movies and TV Shows in Fourth Quarter" - here.

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