Shelly Palmer

Netflix Subscribers Watched 1 Billion Hours Of Video In June, Or More Than An Hour A Day On Average

Netflix

Here’s more evidence that Netflix is slowly chipping away at traditional TV viewing. According to a public Facebook post by CEO Reed Hastings, Netflix subscribers watched a total of 1 billion hours of video for the first time in June. Do a little back-of-the-envelope math, and that comes out to more than an hour of video per subscriber each day. The post was meant as a pat on the back for Chief Content Officer Ted Sarandos, who’s spent the last several years licensing content for the company’s streaming service. Read the full story at Tech Crunch.