Netflix, why aren’t you streaming new movies? - VentureBeat

Netflix chief executive Reed Hastings was clear on Monday’s earning call: When it comes to new releases, the DVD-by-mail company is keeping things disc-based.

"There’s a lot of top and bottom line growth left in online DVD rental," Hasting told investors. And with the Los Gatos, Calif. company’s recession-busting 45 percent profit boost, I don’t doubt that.

Read the whole story on VentureBeat or try our Toolbar

Related stories from top sites:

More stories ...
 
 
  1. Bob
    January 29th, 2009 at 08:29

    Why? The studios.

Comment moderation is enabled. Your comment may take some time to appear.