Sunday, February 7, 2010

Netflix Expansion with Indie at the Top


Good news for Netflix users: 300 more Indie films are being added to the on-demand list from multiple independent film distributors.

After investigating statistics on last week's earnings, Netflix revealed that nearly half of the subscribers watch movie streams online. This means that nearly 12 million people, for less than $9.00 per month, can instantly watch movies and TV episodes through Netflix devices on TVs and computers nation-wide. Among some of these devices include: XBox 360, PS3 from Sony, Blu-ray disc players, TiVo digital video recorders, and more.

Not only did Netflix add a significant number of Indie films, but it's also dedicated to expanding options from every genre from multiple distributors. And in order to apply what we learned a couple weeks ago from class, it's typically better to receive income from subscription fees, rather than from online advertisements alone. Netflix is smart by employing this dual-revenue stream that people seem to enjoy and benefit from. At least...I can speak for numerous college students.

Lucky for us, that means we get to gear up for more 500 Days of Summer in the near future!

1 comment:

  1. Netflix streaming is my new love! It's worth the $16/month for my 2 dvds at a time plus unlimited streaming. Is this the end of the DVD, I wonder? For nostalgia's sake, I hope that home entertainment doesn't move completely online - there is some satisfaction to having a DVD collection (and before that, a VHS collection...sadly, I had to get rid of mine years ago because I needed the space!)

    ReplyDelete