Wednesday, August 19, 2009
Streaming Video Revolutionaries Actually Closet DVD-by-Mail Users
The digital video revolution may be hastening the DVD toward its end, but there’s quite a bit of life left in the old format yet. Netflix CEO Reed Hastings said as much during the company’s last earnings call when he remarked that he sees its DVD-by-mail business peaking in five to 10 years. And consumer sentiment would seem to bear that out.





Looks like Netflix’s video-streaming business is developing quite nicely. On Tuesday the DVD-by-mail pioneer said it has signed deals with CBS and Walt Disney that will add some of those networks’ most popular shows to the Netflix streaming library. 