Netflix announced its quarterly earnings yesterday, and while I think we can all agree that a good old fashioned Q3 forward-facing financial statement is generally the bee’s knees, this one is even more interesting than usual: According to the CEO’s statement, “by every measure we are now a streaming company … a majority of our subs will watch more content streamed from Netflix than delivered by us on DVD.”
Anyone who’s burned through the DVDs of a show and raced to the mailbox to get the next disc of, oh, say, The Wire can attest to the fact that streaming is definitely the way to go, especially for watching TV shows. (It’s normal to watch every episode of Better Off Ted in a three-day span, right?) As the streaming catalog expands, and as more TVs become Internet-enabled, the physical DVDs become less and less important for ye olde Netflix. The streaming-only subscriptions can’t be too far off.
Are you still using the DVDs, PopWatchers? Or has the same copy of Zodiac been sitting on top of your TV for like, a year, because you never bother to send it back because you just stream everything?