There was no June swoon for Netflix Inc. (Nasdaq: NFLX) and its video streaming service. Company CEO Reed Hastings took to Facebook to announce that monthly streaming exceeded 1 billion hours last month, setting a new record for the company. And with two new exclusive series -- House of Cards and Arrested Development -- soon to be on offer, Hastings pledged that Netflix will "blow these records away." Netflix hasn't said what its former monthly record was, but it did reveal that it breached 2 billion streaming hours for the fourth quarter of 2011. (See Netflix Subs Stream 2B Hours in Q4.)
TV viewership ratings for June aren't in yet, but the streaming record prompted BTIG Research analyst Richard Greenfield to estimate in a research note (registration required) that Netflix's U.S. customers streamed 80 minutes per day or 40 hours per month, making it the most popular network when compared to viewership of more traditional cable TV channels. While still a raw calculation, Greenfield's estimates do attest to the continued popularity of the streaming service as video viewing habits continue to change and evolve.
Cable services are set to account for a quarter of all fixed broadband connections by 2017 thanks mainly to the deployment of Docsis 3.0 in competition with DSL services, according to a market forecast by ABI Research . That's about as much market forecast information as ABI is sharing, but its forecast suggests that cable will steadily increase its global market share during the next few years, as statistics released by the Broadband Forum in June showed that cable accounted for 19.3 percent of the world's 612.6 million fixed broadband connections at the end of the first quarter 2012.
Time Warner Cable Inc. (NYSE: TWC) has expanded the availability of its new, voluntary usage-based broadband bandwidth policy throughout its Texas systems, meaning it's now an option in cities such as Austin, Dallas, El Paso, Waco, Temple, Killeen and Kerrville, according to DSL Reports. TW Cable took its latest run at usage-based broadband in February in southern Texas with an optional Essentials Broadband tier that lets customers consume 5GB per month before being charged $1 per gigabyte above that threshold, though overage charges are not to exceed $25 per month. Customers who take the option can switch back to an unlimited broadband tier at any time. (See Usage-Based Broadband Returns to TW Cable .)
Dish Network LLC (Nasdaq: DISH) wants all lawsuits tied to AutoHop, its new ad-zapping feature, to be moved from Los Angeles to New York, because its original complaint with the broadcasters was filed in the Big Apple, reports Bloomberg. The broadcasters are seeking an injunction to shut down AutoHop over claims that it's a copyright violation and threatens to destroy the ad-supported TV ecosystem. Dish argues that the automated ad-zapper is in full compliance with its retransmission agreements with the broadcasters, and seeks a declaratory ruling that AutoHop does not violate copyright rules. (See Dish, Broadcasters Go to War Over Ad-Zapper and Dish Sticks It to the Broadcasters .)