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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.
Source: https://www.statista.com/chart/9799/netflix-vs-cable-pay-tv-subscribers/
(Score: 2) by Celestial on Friday June 16 2017, @05:55PM (1 child)
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
Which sucks because there's still a lot of content only available by disc.