TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

40M to stream Netflix by 2015, analyst predicts

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

By The Los Angeles Times
Tuesday, Sept. 17, 2013, 12:01 a.m.
 

A prominent media analyst expects Netflix to exceed 40 million streaming subscribers by the end of 2015, citing its low monthly price and the proliferation of Internet-connected devices.

Netflix has about 30 million people in the United States who subscribe to its Internet service for on-demand access to TV shows and movies. BTIG media analyst Richard Greenfield wrote that he can “see no reason why” the service cannot surpass the 40 million streaming subscribers mark in 2015.

Netflix's monthly fee of $7.99 is roughly half what cable and satellite subscribers pay for the premium TV channel HBO — and requires nothing beyond a high-speed Internet connection.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Highmark seeks double-digit increase for more benefits, heavy use
  2. EQT Corp. boosts profits despite lower gas prices
  3. FedEx investing another $1.2B in growth projects at FedEx Ground in Moon
  4. Chevron puts $20M into educating, training Appalachian workers
  5. Air-bag deaths draw scrutiny of Congress as recalls widen
  6. SEC approves looser mortgage lending guidelines
  7. Consumer, core prices inch up
  8. High pollution levels found near Ohio gas wells
  9. Calgon Carbon poised for explosive growth
  10. Large-scale batteries are integral in shift to renewable energy
  11. Plastics, tech sectors crucial to cracker plants
Subscribe today! Click here for our subscription offers.