April 23rd, 2004

Netflix Via Web by 2005"> Netflix Via Web by 2005

Now that’s what we call forward thinking. According to Reuters, “When Netflix launched in 1999, some ‘digerati’ were surprised to find that while they could select movies they wanted to see on the Internet, they would have to wait for their selections to arrive by mail. Netflix built a good business on the back of postal workers, collecting $272 million in revenue last year by delivering DVDs to 1.5 million subscribers. The rapidly growing online service added another 445,000 subscribers last quarter and now boasts 1.9 million customers.

“But next year Netflix plans to begin offering movies for download via the Internet, a business model that has felled many entrepreneurs in recent years. Hollywood movie studios continue to be in quandary over just how big a business movie downloading on the Web can be. “Hastings said he anticipates his service will have 5 million members paying $22 a month by 2006.”

Or you could just go to MovieLink right now.

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