If you are in the market for a new TV, streaming box or TV set, it’s worth getting in touch with one of the leading TV services, Netflix, for advice on how to get the most out of it.
Netflix is the internet’s largest content provider, with a catalogue of over 70 million shows and movies, and over a billion hours of video on demand every week.
Netflix is a multi-billion-dollar business, with annual revenues of $1.7 trillion.
In its latest annual report, Netflix said that it’s been delivering over 90% of the movies, TV shows and music streaming data from its content partners.
The company said that, as of February 1, it was streaming movies and TV shows from over 100,000 partners across its more than 500 million members, and had added more than 1,400 movies and tv shows from the last three months of this year alone.
Netflix has been the biggest online service provider to deliver over 90 per cent of the streaming data in the US.
The average user spends about $5 a month to watch movies and shows on Netflix.
Netflix said in its report that the average user consumes 3.8 hours of streaming data a month, but only 6.5 hours of total content.
Netflix had a 30-day average of over 1.2 billion hours watched online in 2016.
As the US is still the leader in online video, Netflix is also the most valuable company in the world, with $14.4 trillion in market capitalisation, according to Bloomberg.
It said that this year, Netflix’s revenue rose by a staggering 17.6 per cent, or $5.4 billion, to $13.6 billion.
In the last year, the company’s revenue grew by an incredible 16.4 per cent to $16.7 billion.
Netflix said that its members use Netflix to watch content on a daily basis, and the number of people who have Netflix accounts has grown from 7 million in 2015 to 8.4 million in 2017.
Netflix also reported that its video and video-on-demand traffic increased by 25 per cent year-on year, and that it was the most used service in the country by people ages 18 to 49.
The firm said that users are more likely to watch streaming services, and are more willing to spend money on the internet when they can.
Netflix’s streaming data is available for download in the form of high definition videos, high definition audio, and HD video files.
It is also available for streaming through Apple TV and Apple TV Remote.