Netflix, whose DVD-by-mail service hastened the demise of several video rental chains, may soon find itself under siege from Amazon. The world’s largest online retailer appears to be on the verge of launching its own unlimited …
Netflix angered customers this week by removing the option to order DVDs via videostreaming consoles and mobile devices. The news that it was eliminating the “Add to DVD Queue” button in order to focus more on streaming videos …
In its transition from mail-order DVDs to streaming video, Netflix’s latest move — a new plan that offers unlimited downloads and no DVDs for $7.99 per month — highlights why the company has been so successful.
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Coinstar, the parent of Redbox self-service DVD-rental machines, said second-quarter profit fell less than analysts expected and that forecast 2011 sales would exceed analysts’ estimates.
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Netflix said it boosted profit by 26% in the third-quarter. The largest U.S. DVD-by-mail service gained new subscribers by expanding its digital and packaged-media offerings.
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