Netflix Reach 7% Subscribers in USA




Netflix has more subscribers than the largest cable TV operator in the USA.  It reaches this new milestone on Monday.

Netflix‘s global subscriber base grew almost 70% over the past year, to 23.6 million users. With that audience, it dethroned Comcast as the country’s biggest provider of subscription video content. More than 7% of Americans now subscribe to Netflix.

Netflix said in its release that it expects subscriber growth to continue at a rapid clip for the rest of the year, but it warned that year-ago comparisons will get tougher in the coming quarters.

Netflix is hoping to combat increased competition with more unique content.

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