Netflix
on Tuesday revealed that its subscribers streamed more than one billion hours of video for the first time ever in June. The company’s CEO Reed Hastings announced the milestone and congratulated his team with a post on his Facebook page. “Netflix monthly viewing exceeded 1 billion hours for the first time ever in June,” the executive revealed. “When House of Cards and Arrested Development debut, we’ll blow these records away.” The 1 billion hours of collective viewing comes to a monthly average of 38 hours per streaming subscriber according to the Associated Press, an increase from 28 hours per customer in December. Netflix has more than 26 million streaming subscribers in the United States, Canada, Latin America, the United Kingdom and Ireland. The company offers its streaming service for $7.99 per month.
