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Cable-Cutters Continue Their Trend

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

Phoenix666 writes:

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: 0) by Anonymous Coward on Saturday April 18 2015, @06:26PM

    by Anonymous Coward on Saturday April 18 2015, @06:26PM (#172512)

    I think a big factor is control and copyright law.

    There can be very many streams if you had many sources - e.g. the viewers and their ISPs and CDNs[1] could also stream copies to others. P2P torrenting scales well especially if ISPs can also legally participate.

    [1] if you had the $$$$$$$ and were willing to pay for it you could buy enough capacity to stream millions of streams: https://aws.amazon.com/cloudfront/ [amazon.com]
    http://azure.microsoft.com/en-us/services/media-services/?rnd=1 [microsoft.com]