When commercial music first appeared on cassettes, movies soon followed suit. Then came compact discs -- and film soon followed suit. And now that commercial music has all but abandoned a physical media format, DVDs' days are numbered.
Netflix (NFLX) CEO Reed Hastingsis certainly preparing for the moment when DVDs are no longer viable.
The inevitable death of the DVD has long been on Hastings' radar -- ever since the company's inception. Though Netflix set the standard for snail-mailed movie rentals, it has always been poised to take advantage of instant-streaming technology -- as the company name makes clear.
But the shift to streaming media involves a completely new set of issues.