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

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 Lagg on Friday June 16 2017, @08:30PM

    by Lagg (105) on Friday June 16 2017, @08:30PM (#526608) Homepage Journal

    Yeah. Plus they rose the subscription fee from $7.99 to $10.82 which I only recently noticed and will likely keep doing more of the same on top of that. They're also trying to cut corners by doing their original shows instead of classics and stuff. But to be honest eventually people are going to see the formula they're using in those. They started out doing actual original stuff, then found out what they think is a formula to success. Like Hollywood does already.

    Meanwhile, I'm still waiting on Birdman and The Green Room to show up there. But cool thing about a VPN is that if they're going to make me use my funds for that just to watch stuff I pay for already without a banner popping up. Might as well just go back to downloading the convenient way if I'm going to be forced to VPN anyway.

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