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Everyones favorite DVD rental service Netflix has surpassed 10 million subscribers. This number was reached by the company adding more than 600,000 subscribers since the first of the year.

Don’t be surprised to see Netflix continue to grow at nearly this rate going forward, especially with consumer confidence being where it is. I see a lot of consumers choosing to use Netflix instead of cable service, not only is it cheaper but with all of the streaming options out there (like the XBox 360) customers can watch what they want, when they want, for a good price.

Netflix Passes 10 Million Subscribers « NewTeeVee.