4 years ago10,000+ Views
Netflix streamed 6.5 billion hours of videos in the first In the first quarter of 2014. The average quality of HD brings the total data sent by Netflix in that 3 month period to 19,500,000 terabytes (or 19.5 exabytes). If you don't know what a terabyte is, well it's 1000 gigabytes. Just to help you wrap your head around this a little more I'll write it out, 19,500,000 terabytes is 19.5 billion gigabytes. At this rate Netflix will use 78,000,000 terabytes of data in 2014. This incredible growth in hours viewed is much higher than last years 4 billion hours of videos. What does this mean for the industry? Well, it shows that more and more people are cutting the cord with their cable provides and relying more on services such as Netflix, Hulu, HBO Go and the like.
@EightyNine Aahhh, I understand now. For example, Tina Fey's show was picked up by Netflix from NBC. I can see how this poses a threat...
@TechAtHeart I think that is what they are scared of though. As Netflix begins to make their own Hollywood movies and they go direct to Netflix just like how they are doing TV shows. If the small theatres begin to do that then it will put pressure on the big movie studios.
@TechAtHeart I think that would be there worst nightmare. A lot of their money is generated from ticket sales at the theatres.
Man I wonder how much power it takes to send that much data? No wonder the internet providers hate these guys.
@TechAtHeart Yup and soon they'll be making their own movies...
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