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Something for Netflix (NFLX -1.7%) bulls to hang their hats on: The NPD Group reports that more...

Something for Netflix (NFLX -1.7%) bulls to hang their hats on: The NPD Group reports that more than half of all consumers between the ages of 18 and 24 with an Internet-connected TV use it to watch Netflix. The trend could bode well for the company with the pace of growth of Internet-enabled devices still strong and with the young demographic seemingly enamored with the service set to age into the sweet spot of advertising.
Comments (3)
  • pd58
    , contributor
    Comments (26) | Send Message
     
    52 million homes have a DVR which includes a monthly subscription price greater then Netflix. US streaming market much greater then Wall Street is estimating.
    22 Jan 2013, 11:09 AM Reply Like
  • john beattie
    , contributor
    Comments (17) | Send Message
     
    yes I agree. Young to mid aged adults seem less enamored with the size and quality of picture production and more concerned with immediate access. Beats me, I want to watch in the comfort of my living room, on my 60 inch HD 1080p TV, in surround sound. What's wrong with these people, have they no appreciation of aesthetics.

     

    As far as Netflix is concerned, as they say, timing is everything, can they make it to the other side of the river without drowning or having to be rescued.
    22 Jan 2013, 11:10 AM Reply Like
  • dfrndez
    , contributor
    Comment (1) | Send Message
     
    Irrelevant if they are already Netflix customers
    22 Jan 2013, 12:39 PM Reply Like
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