Netflix CEO predicts 2 years left for DVD format
10-18-09 | 08:14 PM
#51
DVD Talk Gold Edition
Re: Netflix CEO predicts 2 years left for DVD format
10-19-09 | 11:32 AM
#52
Senior Member
Re: Netflix CEO predicts 2 years left for DVD format
Personally, I'm missing the entire point here. The bottom line is that streaming is a non-physical delivery method available on demand. Whether it's the cable company pumping out the stream to you or some internet presence, the viewing experience is the same. Personally, I'm expecting to see more and more of the content providers striking deals with the transmission line owners (cable/satellite companies) in the future. Now you can argue whether or not that is streaming, but it will have the same negative impact on physical media regardless.
Last edited by mdnitoil; 10-19-09 at 11:34 AM.
10-19-09 | 06:24 PM
#53
DVD Talk Hall of Fame
10-19-09 | 08:54 PM
#54
Re: Netflix CEO predicts 2 years left for DVD format
Clearly we have only three years left for the DVD format. The ancient Mayans didn't include the Tuesday DVD releases in their calendars after 2012.
10-19-09 | 09:08 PM
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Re: Netflix CEO predicts 2 years left for DVD format
10-19-09 | 09:48 PM
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Re: Netflix CEO predicts 2 years left for DVD format
How does one show off a library full of streaming movies? It's not going to take over because people like to show off their possessions on shelves.
10-19-09 | 10:35 PM
#57
Senior Member
Re: Netflix CEO predicts 2 years left for DVD format
It doesn't have to take over, simply take a large percentage bite out of the market. The bottom line is that the average buyer's collection runs about 50 titles and they hit that point long ago. Go to regular people's homes and you'll find a couple of shelves of movies somewhere around the TV and that's it. The folks on this message board are most definitely NOT the average buyer. It's one of the reasons that sales are down across the board. Cheap as they are, folks just don't want to store the things. Particularly when their experience is that they only actually bother to watch a given title a few times. You give folks the ability to watch what they want, when they want without the storage headaches and there are a whole lot of people who'll jump on that.
10-20-09 | 12:53 PM
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Re: Netflix CEO predicts 2 years left for DVD format
10-20-09 | 10:28 PM
#60
Re: Netflix CEO predicts 2 years left for DVD format
And if you're already renting from Netflix, you're not interested in having a collection.
10-21-09 | 09:24 AM
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10-21-09 | 10:04 AM
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Re: Netflix CEO predicts 2 years left for DVD format
10-21-09 | 07:56 PM
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Re: Netflix CEO predicts 2 years left for DVD format
Right forum?
The days of building your precious DVD collection may be coming to an end sooner than you think. If Netflix CEO Reed Hastings' comments are any guide, the DVD era may be set to come to a rather abrupt halt.
Specifically, Hastings said in an interview with The Motley Fool website (digested here) that DVD will only be the "primary delivery format" at the company for the next two years, though he did add that it would stick around in some fashion for the next decade or two. That's a huge pull back from Hastings' previous prognostication; the Netflix boss had formerly predicted DVD would remain the company's primary format until as late as 2018.
Strangely, Hastings didn't note what would supplant DVD as the company's major movie format, but considering that Blu-ray remains a niche product, with 10 percent penetration or lower among most consumers, he's probably talking about streaming.
Netflix has embraced video streaming in a major way in recent years, and its $99 set-top box remains the method I use to watch more streaming content than any other, outside of the occasional YouTube clip, anyway. (And yes, I know the Xbox-Netflix combo is undoubtedly popular with a huge number of people, too, at least those who don't futilely shun and fear video game consoles.)
Netflix continues to expand its streaming options -- about 20 percent of my queue is now available for streaming, up from roughly 8 percent a year ago -- but Hollywood keeps resisting, much as Big Media did in the early days of digital music downloads. Is Netflix hinting that more studios are climbing aboard the digital bandwagon? And at what point does streaming hit enough of a critical mass to become the dominant movie delivery method? 50 percent of titles available to stream? 80 percent? It's hard to see those kinds of numbers panning out in a mere two years... but maybe Hastings has tricks up his sleeve that we're only just now starting to hear about.
The days of building your precious DVD collection may be coming to an end sooner than you think. If Netflix CEO Reed Hastings' comments are any guide, the DVD era may be set to come to a rather abrupt halt.
Specifically, Hastings said in an interview with The Motley Fool website (digested here) that DVD will only be the "primary delivery format" at the company for the next two years, though he did add that it would stick around in some fashion for the next decade or two. That's a huge pull back from Hastings' previous prognostication; the Netflix boss had formerly predicted DVD would remain the company's primary format until as late as 2018.
Strangely, Hastings didn't note what would supplant DVD as the company's major movie format, but considering that Blu-ray remains a niche product, with 10 percent penetration or lower among most consumers, he's probably talking about streaming.
Netflix has embraced video streaming in a major way in recent years, and its $99 set-top box remains the method I use to watch more streaming content than any other, outside of the occasional YouTube clip, anyway. (And yes, I know the Xbox-Netflix combo is undoubtedly popular with a huge number of people, too, at least those who don't futilely shun and fear video game consoles.)
Netflix continues to expand its streaming options -- about 20 percent of my queue is now available for streaming, up from roughly 8 percent a year ago -- but Hollywood keeps resisting, much as Big Media did in the early days of digital music downloads. Is Netflix hinting that more studios are climbing aboard the digital bandwagon? And at what point does streaming hit enough of a critical mass to become the dominant movie delivery method? 50 percent of titles available to stream? 80 percent? It's hard to see those kinds of numbers panning out in a mere two years... but maybe Hastings has tricks up his sleeve that we're only just now starting to hear about.
