I can't see how this is a good decision. Their streaming service is cheap but lacks titles. I use DVDs to get the shows and movies I can't get from the streaming service.
Obviously streaming is the future but the DVD part generates profits. The streaming only service - if it truly stands alone - is soon going to be competing with Amazon, Google, and Apple but without as much cash as these companies.
With their stock's price drop maybe Google or Apple will be willing to buy them. I don't see them surviving on their own without being bought out.
Obviously streaming is the future but the DVD part generates profits. The streaming only service - if it truly stands alone - is soon going to be competing with Amazon, Google, and Apple but without as much cash as these companies.
With their stock's price drop maybe Google or Apple will be willing to buy them. I don't see them surviving on their own without being bought out.