Netflix is scheduled to release
its next earnings report on Monday after closing bell, and investors
are anxious to find out how the streaming video giant’s growth is
trending. Data from a third party indicates that almost 100 million
people used Netflix at least once last month, giving it a net reach of
39.2% in the U.S. The company is trouncing Hulu, which has a reach of
only 11.13% last month.
However, it seems that viewers break up their viewing into very small
chunks and, on average, spend less than 2 hours a month watching
Netflix.
Verto Analytics
found that last month, 97.3 million people used Netflix at least once
just in the U.S. alone. On a daily basis, 13.2 million Americans watch
the company’s service, and based on this number, Verto assigns a
“Stickiness Factor” of 14%. The firm pegs Hulu’s stickiness at 13%.
Verto computes its “stickiness factor” by comparing “daily users with
monthly users to reflect the active, loyal, and engaged part of the
audience. The higher the stickiness, the bigger the share of daily users
versus the monthly users is.”
One metric we found particularly interesting is that Verto said the
average Netflix user supposedly spends only 1.8 hours per month watching
videos on it, with the average session lasting only 11 minutes. The
firm emphasizes that a single movie might be watched over multiple
sessions, but it seems like these numbers are extremely small,
particularly when “binge watching” TV shows is supposed to be so common.
Verto reports that the PC is still the device that’s used the most often
to access Netflix’s service as 68.6 million users logged on using a PC.
In second place was the smartphone with 24.3 million, while 21.7
million people used tablets to watch Netflix.
Although tablets were in third place in terms of the number of people
using them to watch the service, the average time spent per tablet user
is higher than it is for the other two devices. The average tablet user
watches 3.2 hours of TV per month, compared to smartphone users’ 2 hours
and less than 1 hour for PC users. This could be why the overall time
spent is skewed to the low side, but still, the numbers seem small.
Verto also found that men and women like Netflix just about equally, with viewership
consisting of 48% men and 52% women. The firm notes that this is pretty
close to the overall distribution of online users as women are 51.6% of
online users. In terms of generations, 34% of Millennials, 24% are
Generation X, 31% are Baby Boomers, and 11% are Silents.
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