AfterDawn: Tech news

Netflix says online traffic is surging

Written by Andre Yoskowitz @ 12 Jul 2010 11:41 User comments (4)

Netflix says online traffic is surging Mashable is reporting today that visitors to Netflix's site have jumped 46 percent year-over-year for the month of June.
The growth is thanks to the increasing popularity of the Watch Instantly streaming service, and Netflix's decision to add their native service to set-top boxes, Blu-ray players and HDTVs.

Citigroup analyst Mark Mahaney adds that Netflix's explosive growth is the "fastest year-to-year growth [he] has seen in over five years."

For the entire second quarter, Netflix’s web traffic was up 34 percent year-over-year. In the first quarter, YoY growth was 19 percent.

Netflix has added 1.7 million subscribers in the Q1, ending with 14 million customers.

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4 user comments

113.7.2010 06:10

Not very surprising when the rental alternatives either require you to make two trips (one to pickup, one to drop off), or they cost way too much (itunes & PSN have insane rental prices). $9 a month is a great deal for unlimited streaming...and it works with everything but the Android.

216.7.2010 23:17

Streaming is great until you hit your isp's cap for the month. But still Netflix's 480p SD streams look good on my computer & the 720p HD streams look almost great if you have the bandwidth for them. Honestly I love the netflix movie streaming.

318.7.2010 17:04

well network tv's seasons are how long now? shows are canceled after running once sometimes. most people have the internet if they use a computer. i recommend netflix. BBuster charges what? $6 regular new movie rental. HBO Showtime Starz are $13 a month on satellite. we gave them all up. they show so many old movies over and over. although this week Dish had 4 popular movies on PPV for $1 each. the only bad thing about netflix is you may wait for a new release if its popular.

418.7.2010 17:12

ITS OVER 9000Gb/s!!!!!

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