Netflix Plans for the Future
This is one of my top posts ive read today! Read about it: Reed Hastings has seen the future, and there are no polycarbonate discs in his vision. You might find this surprising, given that he’s the CEO of Netflix. Is there life for Netflix after the DVD? That’s the question that was explored in an article in the Wall Street Journal last month.
Hastings co-founded Netflix, and expects that revenue from the rental of physical DVD discs will start to decline in as little as four years from now. Faced with a certain end to the business that now generates the bulk of the company’s revenues, he has the opportunity to set a new course for Netflix, and he’s working hard at it.
Clearly, the answer is to replace sending physical discs through the US Postal Service with streaming electronic versions of the movies across the Internet. (What will the Post Office do without those half-billion DVDs to deliver each year?) The company is […] Hope you Enjoyed this HDTV informationrmation Blurb
Original post by Alfred