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Netflix Has More Subscribers Than Major Cable Providers in the U.S.

posted by cmn32480 on Friday June 16 2017, @02:57PM   Printer-friendly
from the cord-cutters dept.

MrPlow writes:

Submitted via IRC for TheMightyBuzzard

According to Leichtman Research Group, the country's largest cable TV providers, representing around 95% of the cable market, had 48.6 million subscribers at the end of March, while Netflix had 50.9 million customers on its home turf.

While cable only represents around 50 percent of the U.S. pay-TV market as a whole, it is by far the most popular way of getting pay-TV in the country. For Netflix to surpass cable is a big step in becoming the number one source of home entertainment. Interestingly, Netflix reached that goal mainly by growing its own subscriber base rather than by having people "cut the cord". Major cable providers only lost 4 million subscribers since Q1 2012 – Netflix added 27 million.

Infographic: Netflix Surpasses Major Cable Providers in the U.S. | Statista

Source: https://www.statista.com/chart/9799/netflix-vs-cable-pay-tv-subscribers/

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  • (Score: 2) by DECbot on Friday June 16 2017, @05:22PM (3 children)

    by DECbot (832) on Friday June 16 2017, @05:22PM (#526516) Journal

    Does Netflix still do the DVDs in the mail thing? Does anybody still do that? When my ISP sucks, I'd rather not have to deal with buffering, poor image quality, and a lack of available titles.

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  • (Score: 2) by Celestial on Friday June 16 2017, @05:55PM (1 child)

    by Celestial (4891) on Friday June 16 2017, @05:55PM (#526534) Journal

    Netflix still has their DVD/Blu-Ray via mail service, but (and be aware that this is hearsay so who knows), I've heard that the discs are becoming increasingly scratched up and Netflix is not replacing them, and the wait time has increased. My guess is it's attrition. Eventually when enough of Netflix's discs go bad or missing, they'll just stop the service altogether.

    • (Score: 3, Insightful) by chromas on Friday June 16 2017, @07:54PM

      by chromas (34) Subscriber Badge on Friday June 16 2017, @07:54PM (#526587) Journal

      Which sucks because there's still a lot of content only available by disc.

  • (Score: 0) by Anonymous Coward on Friday June 16 2017, @09:43PM

    by Anonymous Coward on Friday June 16 2017, @09:43PM (#526642)

    Barely. They used to have an awesome library of titles, but it's shrunk significantly as they've tried to go online only. They don't seem to be replacing titles when they get damaged and the end result is that there's even less to watch.

    The company itself is run by an asshat that seems to think that it's OK to continually raise prices while the amount of content continues to decline while they take that money and use it to expand overseas.

    Fuck Netflix, it's a shame that it's the best of the non-pirate options.