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Is Netflix taking over the world? Maybe not, but it might be giving a cable a run for its money.
According to the global information company the NPD group, the number of households subscribing to premium cable channels like HBO, Showtime and Starz has declined by 6 percent over an 18-month period, while online streaming subscriptions like Netflix, Hulu Plus and Amazon Prime Instant Video rose by 4 percent.
Although there's no proof that Netflix's rise is responsible for cable's decline, it does seem pretty likely.
Read more http://www.huffingtonpost.com/2014/01/21/netflix-hbo-subscriptions_n_4636684.html?utm_hp_ref=tv
According to the global information company the NPD group, the number of households subscribing to premium cable channels like HBO, Showtime and Starz has declined by 6 percent over an 18-month period, while online streaming subscriptions like Netflix, Hulu Plus and Amazon Prime Instant Video rose by 4 percent.
Although there's no proof that Netflix's rise is responsible for cable's decline, it does seem pretty likely.
Read more http://www.huffingtonpost.com/2014/01/21/netflix-hbo-subscriptions_n_4636684.html?utm_hp_ref=tv