More People Have Access To Netflix Than A DVR

Written by Felix Richter, Statista.com

— this post authored by Niall McCarthy, with note added by Econintersect

Netflix has hit a major new milestone.

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Last week, the Leichtman Research Group reported that the streaming service is now more popular than the digital video recorder (DVR) among U.S. adults. Six years ago, Netflix (NASDAQ:NFLX) was present in 28 percent of American households and that has now increased to 54 percent. That momentum has taken it passed the DVR which is present in 53 percent of American households.

% of U.S. households with access to Netflix and a DVR.

You will find more statistics at Statista.

Econintersect note: Netflix stock reflects its growing, market penetration:

Click for larger image.

Anyone who bought $10k of Netflix at the close on its IPO day 29 May 2002 would be holding $1.52 million value today. If you had dollar cost averaged into NFLX during 2002 you would have about $1.8 million in stock today for $10,000 invested.