What I find amazing is just how many people stream movies and how few rent bluray. Once I get my computer going (been super busy with work, school, and the wedding) I'm going to use it as my HTPC. I plan on streaming movies and renting only BRD. So I will help increase those figures.[/quote]Lots of interesting news from the latest netflix earnings call courtesy of hackingnetflix.com: wrote:
Netflix to Add "New Consumer Electronics Device" & More From Earnings Call
During the earnings call Netflix CEO Reed Hastings disclosed some very interesting information:
* Netflix will add a new "consumer electronics device" in Q4 and they've increased projections because of the device. Wii? PS3? iPhone?* Netflix will spend $40 million on new machines to open, inspect and clean DVDs. A Netflix spokesperson said that "workers will stay" when asked if the machines would eliminate jobs.* Hastings says that Netflix will be shipping DVDs until 2030, hence the $40 million investment in automation.* A DVD sales window before the rental window would be good for Netflix, according to Hastings, since costs would be lower for content and Netflix is less focused on new releases. Hasting said that a later rental window would help with new release availability, and with the money they save they could spend more on streaming titles.* The number of customers using streaming (at least one movie or show per month) has doubled to more than 40% in the past year.* Hastings believes that the $600 million or more they spend on postage will convert to streaming, making Netflix one of the biggest customers of the studios behind Wal-Mart and Amazon.* International Expansion: Netflix will offer a streaming-only plan in an unannounced international market in the second half of 2010.* Less than 10% of subscribers rent Blu-ray titles from Netflix.
Modified by Looneybomber at 6:16 PM 11/29/2009
