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Netflix Getting Out Of Used DVD Sales (NFLX)
Silicon Alley Insider —
Smart move by Netflix: It's getting out of the used DVD business.
No surprise: As a revenue stream, selling used DVDs on its Web site was at best a side show compared to its core business of renting DVDs by mail.
We assume it'll continue to sell its old inventory of no-longer-needed DVDs to wholesalers, which provide movies to DVD stores, street stands, etc.
Meanwhile, there's no reason Netflix (NFLX) won't outsource the "buy this DVD!" function on its Web site to a company like Amazon (AMZN) -- which can use any boost it can get for ...
Netflix to close its used DVD store
Yahoo! Tech Advisors —
... ), and Netflix on TiVo. But now, the movies-by-mail giant says it's exiting the used DVD business. In a post on its community blog , a Netflix spokesperson said that the company's used DVD storefront, which sells used discs for as cheap as $5.99, will close up shop after November 30. "As you know, our core business is delivering great movie rentals to you on DVD by mail and instantly to the computer and TV, so we've decided it makes sense for us to focus exclusively on that," the post reads. "We're sorry for any inconvenience ... but we're excited about being able to spend the ...
Netflix Will No Longer Sell Previously Viewed DVDs
Gearlog —
... "As you know, our core business is delivering great movie rentals to you on DVD by mail and instantly to the computer and TV, so we've decided it makes sense for us to focus exclusively on that," according to a Monday blog post. "This means we will stop selling previously viewed DVDs through the Web site. We're sorry for any inconvenience for those of you who regularly purchase DVDs at Netflix." ...
Vid-Biz: Break, Clearleap, Warner Bros.
NewTeeVee —
... Gets $3.3 Million; company looking to a combo of set-top boxes and partnerships with TV service providers to deliver broad choice of video to the living room. (VentureBeat)
Warner Bros. Bringing Legal Movie Downloads to China; official online distribution a move to fight rampant piracy. (LA Times)
Netflix Getting Out of the Used DVD Biz; company shifting focus to rentals and direct streaming. (Netflix Blog)
Starz Bulks Up Its Movie Catalog; company gets movies from Summit, ...
Netflix stops used DVD sales
p2pnet news —
p2pnet news view | Movies:- “Hi, it’s Meghan here,” she the Netflix blog, continuing »»»
I have some news for those of you who purchase previously viewed DVDs through the Netflix Web site.
As you know, our core business is delivering great movie rentals to you on DVD by mail and instantly to the computer and TV, so we’ve decided it makes sense for us to focus exclusively on that. This means we will stop selling previously viewed DVDs through the Web site. We’re sorry for ...
Netflix doing away with secondhand DVD sales on website
Engadget HD —
... One thing's for sure -- Netflix isn't afraid of trimming back anything it feels is hindering its ability to excel on its core offerings. On a posting over at the official Netflix Blog, Meghan has announced that the outfit's previously viewed DVD section ...
Netflix cans used DVD sales
Betanews —
... , BetaNews November 4, 2008, 4:53 PM Online movie rental service Netflix has been evolving on an almost daily basis. Following a number of developments in its streaming video category, it announced yesterday it will soon cease selling previously viewed DVDs. On the official Netflix blog yesterday , community leader Meghan wrote, "As you know, our core business is delivering great movie rentals to you on DVD by mail and instantly to the computer and TV, so we've decided it makes sense for us to focus exclusively on that. This means we will stop selling previously viewed DVDs ...
Netflix stops selling previously-viewed DVDs
SlashGear —
... Netflix has always had a great service on the side of their standard service. They are known for shipping DVDs to subscribers by mail and recently, for streaming movies over the Internet. But they also offered previously-viewed DVDs for sale. ...
Netflix stops selling used DVDs
Obsessable News Feed —
... Netflix has ended sales of previously viewed DVDs from their website. If you're a Netflix customer and you were loving buying used DVDs from Netflix, you have until November 30th to ...
Netflix Halts Used DVD Sales
Alice Hill's Real Tech News - Independent Tech —
... Editor-in-Chief, RealTechNews In what may be an omen of things to come in the optical media market, Netflix has halted sales of previously viewed DVDs. The company said Monday that it wanted to focus on what it characterized as the core portions of its business: streaming video and DVD rentals. As you know, our core business is delivering great movie rentals to you on DVD by mail and instantly to the computer and TV, so we’ve decided it makes sense for us to focus exclusively on that. This means we will stop selling previously viewed DVDs through the Web site. We’re sorry ...
Netflix to stop used DVD sales on website
Gadgetell —
... improving our core rental business for you.” They also made a nice point that “this is in no way an indicator of moving away from DVDs,” claiming that they feel DVDs will be around for at least “the next five to ten years.” Of course, it is hard to think that Netflix is not beginning to plan for that time when DVDs will no longer be a viable option, and for the time when the Watch Instantly feature will see more use than the USPS.
Read [Netflix Blog]
Full Story » | Written by Robert ...
