Netflix has always had a different method of evaluating success than traditional TV networks or movie studios. While TV giants rely on ratings so they can hawk space to advertisers, Netflix is purely subscriber-based.

That means the most important economic metric for Netflix is how much a TV show or movie contributes to Netflix’s ability to sign up and retain customers.

The problem is that’s a hard thing to measure, Netflix Chief Product Officer Neil Hunt tells Business Insider. Hunt says to get close, the main metric the company uses to judge success is a variation on viewing hours called “valued hours.” read more >>>

Source : BusinessInsider.Com