Netflix More Popular Than Cable

Netflix is more popular than cable TV and YouTube, according to a survey from financial service company Cowen & Co., reports Variety. The survey, conducted in May, asked which platforms respondents used most often to view video content on TV. 27% of respondents answered Netflix, followed by 20% for basic cable, 18% for broadcast TV and 11% for YouTube. Among those aged 18-34, Netflix scored 40%, followed by YouTube at 17%, basic cable at 12.6% Hulu at 7.6% and broadcast TV at 7.5%. Netflix also announced that it's testing a new tier of pricing for European users, known as the "Ultra" tier, which will cost up to 20 euros a month. The new service has "consistently offered 4K with HDR and a maximum of four streams," per Engadget.

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