Logo-small
  • Home
  • Blog
Logo
  • Reviews
  • TV Streams
  • live Sports
  • TV Shows
  • TV Guides
  • Mobile Apps
  • Streaming websites
Internet TV Hardware Internet TV news Internet TV Websites Netflix
Steve Oct 22nd, 2013

Netflix Say Many Years Before Cable Boxes Match Internet Streaming Devices

Although Netflix have embarked on a charm campaign with cable providers to get it’s internet TV service installed on cable boxes, CEO Reed Hastings has said it will be, “many years before cable set-top boxes match Internet set-top boxes for Netflix streaming volume.”

NetflixHe was talking in a letter to shareholders as Netflix released it’s quarterly earnings report, where they announced they now have 40million subscribes worldwide, and 30 million in the domestic market. The shares hit $354.99, which is a rise of $21.49 (6.44%) in regular trading.

The streaming company now has more subscribers than the more expensive cable service HBO, showing how fast the streaming service is growing. Netflix are also negotiating with cable companies to offer streaming as an add-on service.

Already they have struck deals with  cable operator Virgin Media  in the UK, and speaking with CFO David Wells, Hastings said,  “We launched with Virgin Media, the UK’s leading cable company, a world first: Netflix on a major cable set-top box. It is rolling out over this quarter to Virgin Media’s subscribers. The integration of search and suggestions between broadband and cable is great for customers, and we want this superior experience to help Virgin Media gain market share in the UK.

Cable operators like Virgin Media believe that by enabling their subscribers to do more with their cable set-top and remote, they can increase satisfaction, relative to their subscribers using a separate Internet set-top box or smart TV to enjoy Netflix. We are open to more of these integrations with cable set-tops around the world, but given the fragmented technology footprints, we think it will be many years before cable set-top boxes match Internet set-top boxes for Netflix streaming volume. As a general rule, we’re happy to support devices from other video providers as long as we get application placement commensurate with our popularity.”

He also confirmed that for each dollar spent on content next year, over 90 cents will buy movies and shows, with the rest paying for original shows. He also said that surprisingly Orange is the new Black would end the year as the most-watched original show.

Latest TV searches:

virgin cable, xxnxwww 2011

Related News:

  1. Virgin Media Trial Netflix On TiVo Boxes This Week
  2. After European Adoption Netflix Want To Be On US Cable TV
  3. Netflix Cable TV Coverage Negotiations In Process
  4. Netflix Streaming Comes To Swedish Cable TV Provider Com Hem
  5. Netflix Match Hulu Plus Price For Streaming TV

Tags: cable boxes, Cable TV, hbo, netflix, netflix cable, netflix shares, netflix subscribers, set-top box, set-top boxes, streaming box, streaming tv
Previous Story
Siri Update Includes A Pokedex
Next Story
Google Announce International Chromecast As Revenues Rise

2 Comments

  1. Global Set-Top Box Revenue Drops By 9%
    Global Set-Top Box Revenue Drops By 9% November 1, 2013 at 12:42 pm

    […] most areas of TV are expanding by the day, it appears as though the generalised market of ‘set-top boxes’ have not been so fortunate, with a recent study from Infonetics Research suggesting a decline from […]

  2. Netflix Return To Denmark With Waoo Cable Set-Top Box Deal
    Netflix Return To Denmark With Waoo Cable Set-Top Box Deal November 2, 2013 at 3:35 am

    […] their attempts to feature on connected set-top boxes, American streaming giants Netflix have announced a deal to feature on another new cable provider, […]

Leave a Reply Click here to cancel reply.

Categories
  • 3DTV
  • Amazon
  • Apple TV
  • Bitcoin
  • Boxee
  • Cable TV
  • catch up tv
  • Celebrities
  • Chromecast
  • Classic Movies
    • Comedy
    • Horror
  • Cord Cutting
  • Featured
  • Full Episodes
  • Games console TV
  • Gaming
  • HD TV
  • HTPC
  • Hulu
  • Internet Music
  • Internet TV Articles
  • Internet TV Explained
  • Internet TV Hardware
  • Internet TV news
  • Internet TV Reviews
  • Internet TV Software
  • Internet TV Websites
  • iPad
  • iPlayer
  • IPTV
  • iTunes
  • Mobile Phone TV
    • Android Phones
    • iPhone
  • Movie Download reviews
  • Movies
  • Netflix
  • Online Radio
  • P2P Software
  • PPlive
  • PPstream
  • Press Release
  • Roku
  • Satellite TV
  • Smart TV
  • Sopcast
  • Sports
  • Spotlight
  • Tablet PC
  • Technology
  • TiVo
  • TV Show Reviews
  • TV Shows
  • TV Torrents
  • TVants
  • TVUplayer
  • Uncategorized
  • Videos
  • Vudu
  • Watch Movies
  • Wearables
Twitter Facebook Email RSS

More Services

XBMC Media Player Guide
Radio streams
Watch Classic Movies
TV Networks
Hardware
full episodes
Country search

Reference & Help

Media Players
Glossary
Guides and tutorials
Internet TV guide
Satellite TV on PC
Cord cutting guide
XML Sitemap
Sitemap
Link To Us
RSS Feeds

Follow us and contact..

Follow worldtvpconline on Twitter
Share This Page On Facebook
Share This Page On Twitter
Share This Page By Email
 
Still can't find what you're looking for? Search Site 
  Copyright © WorldTVPC.com 2013
Privacy policy | Legal Disclaimer | About us | Contact us | DMCA complaint | Advertise