This Is What Makes Netflix Great
Netflix Inc. (NASDAQ: NFLX) just hit another milestone.
In a press release touting the streamer's most-watched programming, Netflix shared this juicy nugget: Its members watched more than 1 billion hours a week of its content this year. With an average membership base over the year of a little more than 100 million people, that means Netflix members spend an average of 10 hours using the streaming service each week.
In other words, Netflix continues to offer a value proposition unlike any seen before in video entertainment.
Source: Fool.com