End of the days of the DVD rental coming to an end. Long live online streaming

15/07/2009 at 3:37 pm Leave a comment

Most experts believe the days of the DVD rental business are numbered, to be replaced by the online streaming of high-quality, full-length movies and television shows.
Both Amazon.com and Netflix are already streaming such programs. But Netflix, of Los Gatos, Calif., has 10 million subscribers to its mail-order rental business, all of whom are candidates for conversion to a streaming model.
Amazon buying Netflix is “not a crazy idea at all,” said Jeffrey Lindsay, an analyst at Sanford C. Bernstein & Co. Steve Weinstein of Pacific Crest Securities agreed: “You can envision certain positives if you put them together.”

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