Here's more evidence that Netflix is slowly chipping away at traditional TV viewing. According to a public Facebook post by CEO Reed Hastings, Netflix subscribers watched a total of 1 billion hours of video for the first time in June. Do a little back of the envelope math, and that comes out to more than an hour of video per subscriber each day. The milestone comes as Netflix is trying to right the ship after a few missteps last year.

Topics:  tv   facebook   ceo reed hastings   june   netflix   day   billion hours of video   year   plans   

 

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