Netflix Now Has More Subscribers Than Comcast (And Every Other Cable Company)

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		Tech Media Wall Street Markets Strategy Sports Lifestyle Travel Politics Latest Video Friday, May 20, 2011 Netflix Now Has More Subscribers Than Comcast (And Every Other Cable Company) Netflix now has more subscribers than any U.S. cable or satellite provider, and it's the only one really growing. Netflix finished Q1 with 22.80 million subscribers, just squeaking past Comcast, the biggest cable provider, which had 22.76 million subscribers. The big difference is their growth: Netflix added almost 9 million subscribers over the last year, while Comcast lost about 700,000 video subs. This isn't to say that the cable companies should immediately be freaking out about Netflix -- it's still more of a complementary service to cable than a replacement. But that could change, especially as Netflix continues to grow, and can start writing bigger checks to content companies -- the sorts of checks that they could only get from the Comcasts of the world just a few years ago. Read » Also On SAI Today: Silicon Valley Guru Steve Blank Welcomes The New Bubble And Says Microsoft Is Doomed 10 More Windows 8 Rumors Microsoft Doesn't Want You To Know About The Longest-Serving CEOs BOOM: IBM Is Now Worth More Than Microsoft Advertisement CHART OF THE DAY: LinkedIn's Stock Price Over The Last Year – And Then, Today CHART OF THE DAY: Where LinkedIn's Revenue Comes From CHART OF THE DAY: Netflix Is Eating Up More Of North America's Bandwidth Than Any Other Company Share this email: Buzz Facebook Twitter Digg Reddit StumbleUpon The email address for your subscription is: dwyld.kwu.careers@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the SAI RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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