As Telecom Industry Evolves, Success Of Netflix Is Biggest Threat

Mar 7, 2011 - 15:29
Mar 7, 2011 - 15:31
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As Telecom Industry Evolves, Success Of Netflix Is Biggest Threat

By any measure, Netflix is having a marquee year.

It has 20 million subscribers, way up from 12 million just a year ago. Its stock has tripled in that time. During periods of peak Inteet use, a full fifth of all American bandwidth consumption is people watching movies on Netflix.com.

But the more that consumers embrace the movies-at-home ethos of Netflix, the more uncomfortable major players in the entertainment industry have become.

Read the whole story: washingtonpost.com

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Mike Gallagher Mike Gallagher is a Georgia-based freelance journalist covering local news, community developments, and regional issues that matter most to residents across the state. Writing for Georgianewsday.com since 2016, Mike has built a reputation for clear, balanced reporting and a strong connection to the communities he serves. His work spans city council decisions, school board updates, small business features, public safety reports, and statewide policy changes. In addition to local coverage, Mike occasionally reports on state politics and national headlines, offering readers context on how broader decisions impact Georgia communities. Known for his steady, fact-driven approach, Mike prioritizes accuracy, fairness, and accessibility in every story. Whether covering a town hall meeting or breaking political developments, he aims to inform readers with clarity and integrity. Outside the newsroom, Mike remains actively engaged in Georgia’s civic landscape, always seeking the next story that shapes the state’s future.