More Netflix Subscriptions Than DVRs in US Homes

Photo of Paul Ausick
By Paul Ausick Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
More Netflix Subscriptions Than DVRs in US Homes

© courtesy of Netflix Inc.

[cnxvideo id=”625482″ placement=”ros”]Americans do love their TVs. Among the 118 million or so U.S. households with a TV, the average number of TVs per household is about three. More than half of TV households have either a subscription to Netflix Inc. (NASDAQ: NFLX) or a digital video recorder (DVR) or both. The stunning detail is that 54% of U.S. households have a Netflix subscription, compared with 53% with a DVR.

This is the first time that Netflix subscriptions have topped DVRs in the Leichtman Research Group’s (LRG’s) 15 years of conducting the survey. In 2011 44% of TV households had a DVR and 28% had a Netflix subscription.

In the latest survey, 82% of U.S. TV households have a Netflix subscription, a DVR, or use the video on-demand (VOD) service from their cable or telecom provider. Some 30% of households use two of these services and 14% use all three.

[nativounit]

Bruce Leichtman, LRG’s president and principal analyst said:

On-Demand and time shifting TV services like DVR, VOD and Netflix have permanently changed the way that people can watch TV. Today, over 50% of households have a DVR and, for the first time in the fifteen years of this study, over half of households have Netflix. Yet traditional TV viewing still exists. For example, 46% of adults agree that they often flip through channels to see what’s on TV.

Other related finds in the survey include the following:

  • 64% of households get a subscription video on-Demand (SVOD) service from Netflix, Amazon Prime, and/or Hulu — 51% of all adults stream any of these services on a monthly basis
  • 23% of all adults stream Netflix daily — compared to 6% in 2011
  • 81% of Netflix streaming users watch Netflix on a TV set
  • 64% of pay-TV subscribers have a DVR — compared to 49% in 2011
  • 60% of DVR households have DVR on more than one TV — compared to 33% in 2011
  • 65% of all cable and Telco video subscribers have used VOD from their current provider
  • 58% of all cable subscribers used VOD in the past month — compared to 42% in 2011

[wallst_email_signup]

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618