Netflix DVD-rental business to peak in 2013
May 29, 2008
The trade in DVDs by mail that Netflix pioneered will be a business in decline within five to ten years according to CEO Reed Hastings. But he’s bullish about online delivery, not surprising considering the recent release of the Roku set-top box. ‘Our key challenge is growing earnings per share and subscribers while funding streaming (online video) which should give us years of subscriber and earnings expansion.’
(Via Valleywag.)
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