November 23, 2012

Is Netflix Doomed to Extinction?

Adi Robertson, The Verge


AP Photo

It’s easy to take Netflix for granted. These days it seems like every tech and telecom company with a pulse offers you streaming video to rent and buy. Sure, it blew your mind the first time Netflix delivered you a DVD and you could return it WHENEVER, but those little plastic discs are so outdated these days that even Netflix doesn’t want to sell them anymore. But you’ve got to remember that the company’s DVD by mail model was the straw that broke the back of the rental industry dominated by Blockbuster and its ilk, fundamentally changing how people rented movies. Since then Netflix has consistently set the pace for all-you-can-eat video over the internet. Despite the growth of Hulu, Amazon Instant Video, and other competitors, Netflix remains synonymous with...

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TAGGED: streaming video, Netflix

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