Netflix Users Watch Over 1 Billion Hours of Video in June

Jul 05, 2012

Netflix CEO Reed Hastings announced that in the month of June, users watched more than 1 billion hours of video online. Hastings made this announcement in a Facebook posting and proposed that when Arrested Development and House of Cards maker Netflix exclusive debuts, the number of viewing hours will be even greater. 

According to GigaOm, with approximately 24 million US subscribers, that equals out to around 80 minutes of Netflix viewing per day per subscriber. GigaOm also reported that those numbers makes Netflix more popular than any traditional cable channel network in the U.S., according to BTIG analyst Richard Greenfield.