Before the year is out, the unstoppable online video behemoth that is Netflix is projected to reach the 70 million mark in global subscribers. This comes from a report by Digital TV Research, which predict that Netflix will hit 69.9 million subscribers in the next six months.

If it comes to pass, that total represents a 28 percent increase from the 54.
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5 million subscribers Netflix began the year with.

Simon Murray, principal analyst with Digital TV Research, said the following about Netflix’s meteoric rise:

“Netflix has developed even faster than we expected . . . Not only has the launch of Netflix boosted each market, but the anticipation of its launch has galvanized local players into action — creating a whirlwind of promotional activity.
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”

Will your household be counted among the 70 million this year, Insiders?

[via Home Media Magazine]