Netflix Rises as Studios' DVD Money Plunges
Netflix is kicking ass while the DVD is on a downward spiral. The only people that don't seem to understand why this is happening is the movie studios.
Netflix now has 20 million total subscribers, a 60 percent year-over-year increase. If Hollywood wants to know where the DVD money went, this would be a good place to start looking. It shouldn't be hard to figure out that Netflix is thriving because it provides consumers with what they want: convenience, control, and a good price. For $7.99 a month, a Netflix subscriber gets access to all of the service's streaming content. That's just a better deal, when a single DVD often costs twice that amount.
