![]() ![]() In December 2019, Netflix CEO Reed Hastings said he was in no hurry to get rid of it – and that he could see it lasting at least another five years.Ĭoronavirus has proven both a blessing and a curse from that perspective – people have a lot more time, and they’re realising that the streaming library doesn’t quite have the depth they’d like, so some are turning back to old media. ![]() The company was forced to u-turn after customer outcry – it lost half of its stock value in two months, and shed 800,000 subscribers. In 2011, it tried to spin it out into a separate brand (called Qwikster) which have seen subscribers paying separately for DVDs and streaming. It’s unclear how much longer Netflix will keep its DVD service operating for. The company still makes a healthy amount of revenue from DVD rentals – almost $300m in revenue 2019 according to a recent SEC filing – that’s dwarfed by the $20bn it made from streaming subscribers over the same period. None of the people we spoke to knew anyone else who was still getting DVDs by mail, and subscriber numbers to the service are falling at a rate of half a million a year. ![]() Also, I feel that certain movies are extremely appealing visually and I prefer those in Blu-ray.” “I can notice compression artefacts in streaming movies at times and they are distracting. “There is still compression in streaming movies,” says Eric, who has just watched The Matrix Reloaded on Blu-Ray and has Lawrence of Arabia and Sunshine in his queue. Some rural parts of the United States still have poor internet infrastructure, and streaming eats up allowances for customers who may have a monthly data cap.įor film buffs, image quality is a further consideration. However, streaming services may not be great if you want to watch a particular movie.” “Streaming is great if I want to sit on the couch and watch something right now. “The selection is much larger than the streaming service,” says Eric, who also has a Netflix streaming account, as well as Hulu, Amazon Prime and occasionally Disney+. ![]()
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