With More U.S. Members Watching Instantly, and Aided by Global Expansion, Netflix Streaming Hours Grew Dramatically in 2011
LOS GATOS, Calif., Jan. 4, 2012 /CNW/ - Netflix Inc. (Nasdaq: NFLX) said today its members instantly watched more than two billion hours of TV shows and movies streaming from Netflix in the fourth quarter of 2011.
With more than 20 million streaming members globally, Netflix has revolutionized entertainment by allowing people to enjoy TV shows and movies when, where and how they want with a click of a remote, mouse or the touch of a screen.
"We were thrilled to deliver more than two billion hours of TV shows and movies across 45 countries in the fourth quarter," said Netflix Co-Founder and CEO Reed Hastings. "Netflix delights members by giving them choice, convenience and control over the entertainment they love for an incredibly low price."
Throughout 2011, Netflix continued to add to its already expansive variety of TV shows and movies in Canada, signing agreements with multiple content providers, and announcing the creation of the highly-anticipated Netflix original series "House of Cards," a gripping political thriller from Executive Producer David Fincher and starring two-time Academy Award winning actor Kevin Spacey.
Another Netflix original, "Lilyhammer," starring Steven Van Zandt of "The Sopranos" and Bruce Springsteen's E Street Band, as a New York gangster in Norway, premieres on Netflix in the U.S., Canada and Latin America on February 6.
With more than 20 million streaming members in the United States, Canada and Latin America, Netflix, Inc. [Nasdaq: NFLX] is the world's leading Internet subscription service for enjoying movies and TV shows. For about US $7.99 a month, Netflix members can instantly watch unlimited movies and TV episodes streaming over the Internet to PCs, Macs and TVs. Among the large and expanding base of devices streaming from Netflix are the Microsoft Xbox 360, Nintendo Wii and Sony PS3 consoles; an array of Blu-ray disc players, Internet-connected TVs, home theater systems, digital video recorders and Internet video players; Apple iPhone, iPad and iPod touch, as well as Apple TV and Google TV. In all, more than 700 devices that stream from Netflix are available. For additional information, visit www.netflix.com. Follow Netflix on Facebook and Twitter.
SOURCE Netflix, Inc.
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