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Over Half of Netflix Viewers Too Lazy to Walk to the Mailbox

Netflix Financials Reveal Half of Subscribers Stream Movies
If you've wondered just what kind of an effect Netflix's "Watch Instantly" service has had on the company's bottom line, the latest financial reports should take care of that. The home of the red envelope threw down all its numbers yesterday, thrilling investors and techies alike as it revealed that half of its subscribers now regularly stream content online.

That's a 20-percent jump from this time last year, and, while much of that increase is thanks to the dedicated Roku Player, increasingly Netflix-ready video game consoles (most recently the Wii) have surely delivered a huge boost, too. The 20-percent jump is significant, but we don't think that number is finished growing. Neither does CEO Reed Hastings, who says he expects the company to "extend [its] operating momentum."

We think that's corporate-speak for: "get lots more people paying us money to download our stuff." [From: Yahoo! Finance, via: Business Insider]

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Tags: financial report, FinancialReport, financials, netflix, netflix watch instantly, NetflixWatchInstantly, roku, streaming, top, watch instantly, WatchInstantly

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