monsterfromtheblog.com

Netflix: Blu-ray Growing but….

Posted in Tech by Neil Koster on January 27, 2009

netflix_logoNetflix CEO Reed Hastings said recently in an interview with silicon Alley insider that the Blu-ray was “growing nicely” up 30% from the same period last year. The Catch? Internet Streaming services were being adopted even faster. 700 000 people are apparently renting Blu-ray discs which represents only 7.4% of Netflix’s customer base. By Far the majority? Downloads and Streaming Formats via the Netflix catalogue.

While it is nice for Sony that more people are watching Blu-ray’s it is the trend away from traditional disc type media that is a worry for them in the long run.

Personally I think a lot of people are going straight to downloads and bypassing disc media all together!

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