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posted by CoolHand on Friday April 17 2015, @02:25AM   Printer-friendly
from the as-soon-as-my-bandwidth-increases dept.

Netflix shares rose 13% in after-hours trading after the company announced it had added 5 million subscribers in the first quarter of 2015:

That brings the total global subscribers to the service to 62.3 million.

Netflix also said revenue increased by 23% from the same period a year earlier to $1.57bn (£1.06bn).
...
Shares in Netflix have risen by nearly 40% since the start of this year.

However, the company has faced increasing threats as companies such as Hulu and HBO have sought to commission their own, original on demand content to compete with Netflix [shows] like House of Cards and Orange is the New Black.

The last couple of years have seen other companies like Hulu, HBO, and now CBS following suit. If ESPN or other sports players do the same the cable industry could end with a bang, not a whimper.

 
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  • (Score: 2, Interesting) by SacredSalt on Friday April 17 2015, @07:45AM

    by SacredSalt (2772) on Friday April 17 2015, @07:45AM (#171931)

    Before SBC got bought by AT&T, SBC had a ballot measure in Missouri to let them keep a huge wad of cash they had over billed to customers in exchange for wiring fiber to the home by a set date that has long since passed. When AT&T acquired SBC, they took on its liabilities. Considering it was a state voting measure, we OUGHT to be able to hold them to it.

    I can't get fiber -- even though a main trunk line is less than 2200 ft from my house, and the secondary trunk line is 2300 ft and just as large. These are larger than two telephone poles fiber connections. They have the space (an easement) to install anything that is needed to provide it, but they refuse to wire my neighborhood up! The best we can do here is "phony" uverse over copper.

    My local cable monopoly is little better, but they do pretend to offer slightly higher speeds. I don't know anyone with it who actually gets those speeds beyond the initial burst speed. A whole lot of changes need to happen, and in light of the lack of competition here they are going to happen very slowly.

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  • (Score: 1) by anubi on Friday April 17 2015, @07:58AM

    by anubi (2828) on Friday April 17 2015, @07:58AM (#171933) Journal

    We were supposed to be able to get "dry-loop" internet as part of our Yahoo/SBC/AT&T deal...

    Just try to get it....

    Its one thing to "grant a concession" to Congress in return for their blessing.

    Its another thing completely different for any of us little guys to ask them to make good on it.

    --
    "Prove all things; hold fast that which is good." [KJV: I Thessalonians 5:21]
  • (Score: 2) by Phoenix666 on Friday April 17 2015, @02:35PM

    by Phoenix666 (552) on Friday April 17 2015, @02:35PM (#172055) Journal

    Well this seems the next great frontier for the FOSS movement--free high-speed connectivity for everyone. Latency is the killer. If simultaneity is not required, cheap storage and automatic caching could solve a lot of that.

    --
    Washington DC delenda est.