Reed Hastings says DVDs will not be the primary delivery format in a couple years.
The days of building your precious DVD collection may be coming to an end sooner than you think. If Netflix CEO Reed Hastings’ comments are any guide, the DVD era may be set to come to a rather abrupt halt.
Specifically, Hastings said in an interview with The Motley Fool website (digested here) that DVD will only be the “primary delivery format” at the company for the next two years, though he did add that it would stick around in some fashion for the next decade or two. That’s a huge pull back from Hastings’ previous prognostication; the Netflix boss had formerly predicted DVD would remain the company’s primary format until as late as 2018.
Strangely, Hastings didn’t note what would supplant DVD as the company’s major movie format, but considering that Blu-ray remains a niche product, with 10 percent penetration or lower among most consumers, he’s probably talking about streaming.
It is only matter of when not if. It will probably a little longer than 2 hours but we will be watching rental movies directly streamed to our TVs.