Thursday, October 21, 2010
Netflix To Offer Streaming Only Plan This Year?
As Netflix continues its domination of the rental world, CEO Reed Hastings made an interesting statement during his companies Q4 financial results. “Three years ago we were a DVD-by-mail company that offered some streaming. We are now a streaming company, which also offers DVD-by-mail.”. This statement alone is the reason why Blockbuster will go the way of the Dodo bird. Not only did Netflix come up with way to beat Blockbuster at its own game (movies by mail), but by thinking forward with streaming, they're set up to push them out of existence.
With Netflix recently expanding to Canada, there have be talks that U.S. customers may be offered streaming only service sometime later this year. So if you're not interested in getting DVD's or Blu Ray movies by mail and only want the streaming service, you may not have to wait very long.
This week Netflix and Apple served notice that physical media is (almost) dead!!!