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Netflix's revenue missed expectations last quarter, possibly because many of us haven't laid hands upon a DVD or Blu-ray in quite some time. The number of customers streaming movies has jumped drastically from a year ago.
Netflix reported todat that 61% of its users are now streaming, compared with 51% the quarter before, and only 37% a year ago. Netflix also saw a shift toward the cheaper $8.99 a month plans that allow for only one disc out at a time, but unlimited online viewing.
Via: Gizmodo
