From Seeking Alpha
The rise of , or other companies offering video streaming services such as (), is the biggest threat to the status quo of American cable. In its last quarter, Netflix was able to add 630,000 domestic streaming subscribers, which was in line with its guidance of 230,000 to 835,000 additions and an improvement from 530,000 additions reported in the same quarter last year. The company's total domestic streaming base has now reached 29.8 million. Netflix is eyeing 700,000 to 1.2 million net additions in the current quarter. Therefore, we can safely assume that Netflix's domestic subscriber base will easily cross the 30 million mark when it reports its next quarterly results.