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Forums - General - Netflix CEO: Streaming-ONLY Plan by 2010

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" Netflix appears to be one company that sees the on-demand content-distribution-model writing on the wall. In a bid to remain relevant in a world of broadband connections and instant gratification, the company is likely to offer a subscription option that skips DVDs entirely, and allows access to its "Watch Instantly" on-demand streaming videos by 2010. "We've got one singular objective, which is 'Be successful in streaming,'" Netflix CEO Reed Hastings told Bloomberg in a recent interview. "



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Damn smart idea. Realistically a good majority of people can stream Netflix. Hopefully it comes in cheap, like say $5-$8 a month or so. If they can get everything up on streams it could really turn just about everyone into getting behind this.



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A nail in Blu-ray's coffin for sure. I am glad to see one of the kings of VOD pushing this forward.



If it will enable them to bring in more content. Hellz yeah.



The Watch Instantly feature on Netflix is great. I've been watching episodes of 30 Rock recently.



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I don't get why it takes a year to say "$6p/mo. streaming only". Why do they feel like they have to build their archives to 'X' before offering the service? If this plan makes the service available world wide I'd gladly spend the fee for the streaming-only service as is.



theRepublic said:
The Watch Instantly feature on Netflix is great. I've been watching episodes of 30 Rock recently.

Do they have the Office on there Season 3 and on? The last I saw was the end of Season 2 and I'd really like to get back in to it.

 



Tag: Became a freaking mod and a complete douche, coincidentally, at the same time.



You guys know that they are losing money on their streaming service right? Just like Apple is losing money on its VOD service.



We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls.  The only thing that really worried me was the ether.  There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson

akuma587 said:
You guys know that they are losing money on their streaming service right? Just like Apple is losing money on its VOD service.

Well it's their CEO telling us this is the way he wants the company to go. Obviously he has a more profitable method in mind.

 



Tag: Became a freaking mod and a complete douche, coincidentally, at the same time.



I don't have much faith in VOD until I see a standalone VOD service start doing extremely well. Most analysts who have hedged their bets on VOD have been continually disappointed. Even Apple can't hang in the market.

The problem is that the only services that are doing at all well are tied to the hip of another service. Examples - the 360, the PS3, Netflix. People like to have the service as an added bonus, but nobody is running out to buy the service by itself.

Standalone set top boxes for video download services have sold like ET the videogame. Apple's set top boxes started getting moved from display windows to the warehouses when nobody would buy them.

I'm not saying the potential isn't there, I'm just not seeing it turn into profit. And at the end of the day that is the only thing that matters in the home entertainment industry.



We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls.  The only thing that really worried me was the ether.  There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson