Netflix has revealed how many hours of video were streamed in 2015 and how many subscribers it has

The company are set to release over 600 hours of original programming in 2016

Click to follow
The Independent Culture

At this stage, it is no surprise to find out that Netflix has millions upon millions of subscribers, ending last year with a total of 74.76 million.

Just one day into the new year (1 January) the streaming service surpassed 75 million members, according to CEO Reed Hastings and CFO David Wells. 

“Our quarter‐end 74.76 million members put us at over 17 million net additions for the year, showing how much the world is embracing Internet TV,” they wrote in a message (via Variety). 

They also revealed that 42.5 billion hours of video was streamed in 2015. In 2014, 'only' 29 billion hours were streamed, making a year on year increase of 13.9 billion hours

Earlier this year, Netflix representatives claimed that $6 billion would be spent on original content, with 600 hours of original programming expected to launch in 2016 compared to the 450 in 2015.

“Increasingly, our goal is to own more of our original programming to allow for greater creative and business control and to ensure global access to content,” Hastings and Wells continued.

Recently, the release dates for numerous shows, including Orange is the New Black season four and Unbreakable Kimmy Schmidt season two were announced.