Netflix, the most popular online DVD-rental service, has seen tremendous growth since the company’s introduction in 1998. Netflix now has almost 5 million subscribers and offers more than 60,000 movie titles. Movie rental stores like Blockbuster have seen a significant hit in profits due to the unrivaled success of Netflix. Netflix CEO Reed Hastings hopes to push Netflix via downloads by the end of 2006 — even if the market for DVD downloading still has a lot of growing to do. However, copyright issues and the fear of increased piracy are just two issues that stand in the way.
It’s hard to tell whether this will take off or not. Having to burn a movie you downloaded.. and paid for, is not my cup of tea. If you are not supposed to burn them, who really wants to watch movies on their PC? More choice the better I suppose. Read more at DailyTech.