Netflix’s 2 billionth movie was a Blu-ray.

Many of you have heard of Netflix, but if you have not, it’s service delivers movies to your house via mail. You watch them and pop them back in a pre-paid envelop and mail back. They have also been a pioneer with streaming movies to various set-top boxes and your computer. This business has boomed since 1999 and most would agree they are a big reason as to why Blockbuster is struggling. Blockbuster tried to imitate the Netflix business model but has not been able to imitate its success.

Netflix has been trying to expand its services to downloading/streaming to different mediums. Praz has a Blu-ray player that can stream movies from Netflix but the quality varies greatly. It is clearly the way of the future though. There are other competitors popping up that threaten Netflix like Redbox, or even iTunes which pose a serious threat to their business. I personally have not been to Redbox or used iTunes but I gave my parents a subscription to Netflix because I know they don’t like leaving their house a movie rental. They also have a Blu-ray player so Netflix was a no brainer. Who do you as our readers think will have a lasting business model out of the three?