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