Video on demand services like Netflix and Hulu were niche businesses just a few years ago but in recent months it’s become clear that these platforms for streaming movies and television shows are a big part of the coming future of media entertainment. A recent Nielsen report indicated that 41 percent of American households have access to at least one subscription-based video on-demand (VOD) service. One out of every three homes in America has Netflix and one out of every ten has access to at least two video on-demand services.
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