Netflix surpasses YouTube as leading online video site

By | March 10, 2014

Scalper1 News

Netlfix (NFLX) has surpassed Google’s (GOOG) YouTube as the top online video service for watching TV shows and movies, according to a new survey by RBC Capital Markets. An online survey of more than 1,000 U.S. Internet users in February showed that 44% use Netflix to watch TV shows and movies, vs. 43% for YouTube. That was the first time Netflix has beaten YouTube in 10 consumer surveys by RBC since May 2011. One year ago, 37% of U.S. consumers used Netflix, vs. 40% for YouTube. Coming in a distant No. 3 was Hulu, at 27%. A year earlier, 28% of respondents used it. Amazon.com (AMZN) was No. 4 with 22%, up from 15% in February 2013. Hulu’s user penetration seems to have plateaued, while Amazon’s continues to grow, RBC analyst Mark Mahaney wrote in a research report Sunday. Amazon is “probably the biggest long-term risk to Netflix, in our… Scalper1 News

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