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Netflix (NFLX -1.5%) could pass all cable networks and perhaps even a major network this summer...

Netflix (NFLX -1.5%) could pass all cable networks and perhaps even a major network this summer in terms of hours watched per month as the streaming service launches Arrested Development just as the traditional network season winds down. The feat is fairly impressive when it's considered that the service is only 28M homes - compared to the +100M penetration of cable networks. Q1 scorecard of viewer hours/month (via BTIG): CBS 3.3B; ABC 2.6B; NBC 2.3B; Fox 1.9B; Disney Channel 1.3B; Netflix 1.2B.
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Comments (4)
  • Sakelaris
    , contributor
    Comments (1875) | Send Message
     
    This "Arrested Development" story gives hope for all TV series in the future--if a traditional network wants to shut down a TV series, perhaps unwisely, the series can move to Netflix! This is good!
    21 May 2013, 04:05 PM Reply Like
  • J Mintzmyer
    , contributor
    Comments (4982) | Send Message
     
    That's a stretch.. Essentially saying NFLX will double this summer (won't happen) while CBS and ABC will lose up to 30% of hours (might happen). Most likely NFLX will barely increase-- we need to remember this Spring was very strong for NFLX as well.

     

    Besides-- this is a lot of 'clicks & eyeballs' type data. Where's the profit?
    21 May 2013, 04:53 PM Reply Like
  • wadeyr
    , contributor
    Comments (199) | Send Message
     
    Really? NFLX stockwise is already had its run up. TIME TO SELL!
    22 May 2013, 12:53 AM Reply Like
  • I030426
    , contributor
    Comments (3) | Send Message
     
    If they bring back Firefly I will buy.
    22 May 2013, 01:56 AM Reply Like
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