Netflix CEO: we’ll offer streaming-only plan by 2010
Netflix, the company that has brought the DVD’s to you will be offering a streaming-only plan by 2010. This is great news for Xbox 360 and TiVo owners who currently use the service to watch their favorite movies on demand. This really is the way of the future. I haven’t hopped on the video on demand yet (besides on demand with cable) because my TiVo doesn’t support the service. But with a streaming-only plan, I might have to jump on it, if its priced right.
Netflix appears to be one company that sees the on-demand content-distribution-model writing on the wall. In a bid to remain relevant in a world of broadband connections and instant gratification, the company is likely to offer a subscription option that skips DVDs entirely, and allows access to its “Watch Instantly” on-demand streaming videos by 2010. “We’ve got one singular objective, which is ‘Be successful in streaming,’” Netflix CEO Reed Hastings told Bloomberg in a recent interview. – Ars Technica
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