Thursday, October 02, 2008
Still Haven't Joined Netflix?
Most of us still watch movies the old fashioned way: on DVD. Okay, maybe watching movies on DVD isn't that old, but for every $10 U.S. consumers spend on movie and TV entertainment, $8 of it goes to purchasing or renting DVDs... Which certainly makes us wish we bought Netflix stock when it first starting trading publicly in 2002. But DVDs won't remain the number one movie and TV source forever. And no, Blu-ray is unlikely to be DVD's ultimate successor either. The future--and it's not a very distant future--of movie and TV consumption is via online streaming.
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