Netflix touts instant streaming growth, says DVD has 'peaked'

vbimport

#1

Netflix touts instant streaming growth, says DVD has ‘peaked’.

[newsimage]http://static.rankone.nl/images_posts/2011/07/C8eqLY.jpg[/newsimage]Netflix released its quarterly Letter to Investors report this Monday, handily countering the recent undercurrent of criticism towards the instant streaming leader with strong figures. In its Q2 earnings summary, the company boasted year-over-year growth of 70 percent, bringing the total number of Netflix subscribers to 25 million. And with a Latin American expansion tentatively scheduled for later this year, that number may only rise.


Read the full article here: [http://www.myce.com/news/netflix-touts-instant-streaming-growth-says-dvd-has-peaked-49090/](http://www.myce.com/news/netflix-touts-instant-streaming-growth-says-dvd-has-peaked-49090/)


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#2

instant streaming will take a big hit in sep when the price for both go up I for one will go to dvd only and maybe go to blockbuster.


#3

Netflix saying DVD has ‘peaked’ is like Bush saying ‘Mission Accomplished’


#4

[QUOTE=Dallyup52;2597834]Netflix saying DVD has ‘peaked’ is like Bush saying ‘Mission Accomplished’[/QUOTE]
Ha, exactly!

Netflix: "DVD has peaked"
Translation: “We want to make more money”