Neflix recently reported that 61% of subscribers are now streaming instantly to their PC or TV. This number is up from 55% from the previous quarter, and up from 37% from a year ago. Online viewing has increased with the addition of the $8.99 a month plan that allows customers to take out one DVD at a time with unlimited internet streaming.
Another reason for its increase in popularity is the expansion of compatible devices. Adding the ability to stream from all XBox 360, PS3, and Wii video game consoles has opened up the option for streaming Netflix’s online library to millions of people. Certain online connected Blu-ray players from LG, Panasonic, Samsung, and Sony also allow users to watch Netflix programming instantly. You may also find Netflix built into LCD TVs from Sony and LG as well.
With Netflix becoming a viable option for many people to watch TV, and Hulu just now starting to provide similar services, it’s going to be interesting in the future as more people will detach themselves from cable and satellite providers. Tell us which service you use or what you think will be the future of cable and satellite providers.