Netflix's audience could surpass major TV networks' within a year

(Image credit: Mark Davis/Getty Images)

published 25 June 2015

Netflix is, unsurprisingly, poised to overtake television within the next year, an analyst said Wednesday. The online streaming company is currently growing its audience at a rate of about 40 percent per year and is expected to soon surpass audience numbers of the four biggest networks on television: ABC, NBC, CBS, and Fox.

Already within just the first quarter of this year, Netflix reported 10 billion hours of streaming. And a ClearVoice Research poll taken by the same analyst just a few months ago should leave the major networks even more worried — 57 percent of respondents said they would rather pay for Netflix than for television.