- Joined
- Aug 20, 2006
- Messages
- 13,000
While Netflix’s focus is on streaming these days, the company still has 3.3 million customers subscribed to its DVD service. According to CEO Reed Hastings, the mailing of red of envelopes should continue for at least five more years: the support mainly comes from rural subscribers and serious film buffs.
The company that used to be best known from the days of mailing DVDs in red envelopes dominates streaming. It’s everything HBO once wanted to be — a monthly premium subscription offering of commercial-free movies and original productions. Unlike HBO, Netflix doesn’t have to share its profits with a middleman — i.e. the cable operator.
The company that used to be best known from the days of mailing DVDs in red envelopes dominates streaming. It’s everything HBO once wanted to be — a monthly premium subscription offering of commercial-free movies and original productions. Unlike HBO, Netflix doesn’t have to share its profits with a middleman — i.e. the cable operator.