CHART OF THE DAY: Netflix Streaming Up 145% In A Year

button more charts
button chart prev
button chart next

The number of Netflix subscribers streaming videos has more than doubled in the last year, according to data the company released last night.

As of Netflix’s most recent quarter, 11.1 million subscribers are using “Watch Instantly” for at least 15 minutes. A year prior, only 4.5 million were using it.

This is one reason investors have been going bananas for Netflix. It has very successfully transitioned itself from a DVD rental company to one of the most financially successfully web video companies in the world.

chart of the day, netflix subscribers watching instantly, oct 2010

Follow the Chart Of The Day on Twitter: @chartoftheday

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at