Netflix CEO Reed Hastings posted a rare update on Facebook to congratulate Ted Sarandos and his team for securing movies and TV shows that Netflix customers streamed 1 billion hours in June.
Ryan Lawler on TechCrunch notes that this works out to more than 1 hour per streaming customer per day.
It’s not clear how many subscribers it ended the second quarter with, as Q2 earnings are likely later this month. But if we use the 26 million number as a baseline, 1 billion hours of video viewed during the month roughly translates to about an hour, hour-fifteen per subscriber per day.
Considering the average viewer in the U.S. watches about five hours of TV a day, that’s a huge number worth watching. After all, there are only so many hours in a day, and if a Netflix subscriber is tuning in to an hour of video on the service, that likely means one less hour of actual live TV he or she is watching.
It's a pretty amazing acheivement and a sure sign that Netflix is still in the game, despite the setbacks last year.