Tuesday, November 23, 2010

(Downloaded) Video Killed the Video Star

Watched your latest movie on Netflix?  Downloaded a movie torrent?  You’re not alone.  For the first time ever, the number of cable subscribers decreased according to a WSJ interactive.

Netflix is onto this, opening up an online video only subscription.  Previously, you had to order DVDs by mail and online video was an add-on.  But they’re quickly realizing that streaming media is the future.

The Portland, Maine area lost 3,000 subscribers last quarter, out of approximately 310,000 total subscribers.

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