ClaimsMarc Andreessen

“Today’s largest video service by number of subscribers is a software company: Netflix.”

Marc Andreessen, a16z co-founder, essay author 20 August 2011 Why Software Is Eating the World (a16z) archived copy

Factual Economics and markets

As of 2011, Netflix was the largest video service by number of subscribers.

Mixed Partly true and partly false in roughly equal measure.

Factual: Statements about the present or the past, checked against the record: did they hold up?

Said for an organisation they lead or work for; it counts on both records.

What would count as true or false

Judged as of August 2011. True: Netflix's reported subscriber count (about 24–25 million in mid-2011, per its SEC filings) exceeded that of every other video service, including pay-TV providers such as Comcast (about 22–23 million video subscribers). Mostly true: Netflix was the largest in the US, or the largest within a reasonable definition of video services, with only a narrow qualification. Mixed: Netflix was the largest under some reasonable definitions but not others (for example global pay-TV operators such as DirecTV including Latin America, or China's cable operators, had more). Mostly false: Netflix was the largest only among streaming or rental services, while broader video providers clearly had more subscribers. False: one or more video services clearly had more subscribers under any reasonable definition.

Set before the research began.

Evidence (3)

  1. E1 Netflix raising prices as much as 60% Los Angeles Times · 13 July 2011

    “In March, it surpassed Comcast Corp. as the nation’s largest subscription video provider.”
  2. E2 Form 10-Q U.S. Securities and Exchange Commission (filed by Netflix, Inc.)

    “With more than 25 million subscribers as of June 30, 2011, we are the world’s leading Internet subscription service for enjoying TV shows and movies.”
  3. E3 0001157523-11-004710.txt (DIRECTV Form 8-K, Exhibit 99.1 press release) U.S. Securities and Exchange Commission (filed by DIRECTV) · 4 August 2011

    “DIRECTV provides digital television service to more than 19.4 million customers in the United States and over 10 million customers in Latin America.”

Reasoning

Netflix's 10-Q reports more than 25 million subscribers as of June 30, 2011 (E2). The LA Times reported that Netflix had passed Comcast in March to become the nation's largest subscription video provider (E1), which supports the claim for the US. However, DIRECTV's August 2011 release reports more than 19.4 million US customers plus over 10 million in Latin America (E3), roughly 29 million in total, which is more than Netflix. Netflix was therefore the largest under a US definition but not under a global pay-TV definition, which the criteria treat as mixed.

Cite this claim

Marc Andreessen, “As of 2011, Netflix was the largest video service by number of subscribers.” (said 20 August 2011). Verdict: mixed. Reliability API, claim c_afc13211af4c, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_afc13211af4c

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

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All of them

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