March 18, 2011
Netflix continues its strong growth as it converts from a mail-order DVD rental service into a streaming service. Here are some recent events that may point to the future of their business:
- No more "Add to DVD Queue" from streaming devices. Netflix recently created an uproar when they removed this functionality from smartphones and video game consoles that were accessing the streaming service.
- The Hollywood Reporter says that Time Warner execs have said that Netflix, must raise the price of its streaming video service before they would consider allowing HBO shows to be a part of its service. The unnamed exec said the price (now $7.99 a month) would need to be at least $20/month.
- Netflix has signed a new deal with CBS to add more programs to Netflix' streaming video service. The new deal calls for Netflix to be offering episodes of both new shows, as well as older and classic programs from the CBS library.