Netflix is an amazing digital success story. Starting out almost 15 years ago as a predominantly DVD subscription service, Netflix was able to pivot along the way and take advantage of rapidly evolving mobile technology and ever-improving internet speeds to become one of the largest video distribution networks on the planet.

Here are a few interesting statistics and facts about the company that made “cord-cutting” and “binge watching” commonplace digital industry terms…

Netflix Statistics:

Year of Netflix founding:

1997 

(Tweet this fact)

---

Year of digital distribution launch: 

1999 

(Tweet this fact) 

---

Year of Netflix IPO:

2002 

(Tweet this fact)

---

Total number of Netflix subscribers:

50 million 

Last updated 7/21/14 

(Tweet this stat) 

---

Number of Netflix subscribers in U.S.:

36 million 

Last updated 7/21/14 

(Tweet this stat)

---

Number of hours per month that users spend watching Netflix:

Over 1 billion hours 

Last updated 1/22/14 

(Tweet this stat)

---

Percentage of Netflix users that binge-watch shows at least every few weeks:

61% 

Last updated 12/13/13 

(Tweet this stat)

---

Continue

---

Please note that some of these numbers are easier to find than others. A few of these stats come from Netflix own reports, but some are based on news reports and not official company tallies. Basically, this is the best I can find and I don’t guarantee anything to be 100% accurate.

Related Directory Listings:

Image credit: Shardayyy via flickr

 

---

Check out Craig Smith's latest best-selling book Leveling the Playing Field: A Small Business Guide to Generating Leads on LinkedIn to get all the tips and tricks you'll need to turn LinkedIn into a powerful sales tool for your business.

---