Wednesday, July 21, 2010

Great Recession Not Putting a Dent in Netflix's Revenues

Netflix:  Is everybody happy?

Link to July 21 Mashable post, "Netflix Users Watching More Movies and TV Shows Online".

Excerpt: Netflix subscribers are continuing to consume more and more of their video content online, with 61% of them watching at least 15 minutes of streaming video during the company’s second quarter.

That’s nearly double the number of subscribers doing so last year (37%) and a decent bump from the company’s first quarter, where 55% watched at least 15 minutes using the Watch Instantly service
.

Netflix is one of the reasons -- Retiring Guy hesitates to make this confession -- that my older son's library card has expired.  (But then I did catch him reading today -- a book from his personal library.)

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