In 2008, five years ago, Netflix CEO Reed Hastings said that the DVD market would peak in five years. It was a sendoff for his newest venture — Netflix Watch Now, a service that streamed movies free of charge to anyone paying his company for a mail-order DVD subscription. It almost seems quaint now to think of Netflix primarily as a distributor of optical media, but that was the truth until just a few years ago. The company was born in 1998, and thrived for nearly a decade on the strength of the DVD alone.
via The Verge - All Posts http://www.theverge.com/2013/3/29/4160508/redbox-clings-to-the-dying-dvd-and-it-could-pay-off
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