Electronics City - Could Netflix Eventually Eliminate the Blu-ray?

You know someone who has it. You probably use it or uses someone's account for it. You most likely have figured it is amazing for date nights. 

Netflix. 

Netflix has become one of the most popular brands in the world, first with the system of having DVDs sent in the mail through a monthly subscription service. The DVDs would be sent back through a package sent out with the movie or TV show to the customer, & the user could rent out another movie & the cycle would continue. 

Netflix is the most popular online movie streaming service
in the world. 

Over time, Netflix developed its streaming online service that allows for many TV series & movies to be shown on smart TVs, Xbox 360, Xbox One, Playstation 4, Playstation 3, cell phones, tablets, & a variety of other devices. Netflix has slowly been phasing out the DVD rental service in favor of the streaming service, & the results have been strong. 

The company has begun to develop their own original series, Orange is the New Black, Hemlock Grove, & House of Cards - all which have received wide praise overall. 

Overtime, many people tend to go towards Netflix even over purchasing a series or a movie on DVD & Blu-ray. Most DVDs & Blu-ray discs range from $15 to over $100 for a massive set. On Netflix, unlimited seasons of a show are available for only $9.95 per month, & can add up to 5 users on one single account. 

While DVDs & blu-rays still remain the #1 source of revenues for movies & TV series, the question has to be asked of how long will that last with the rise in popularity of instant streaming content? So far in 2013, Netflix reported revenues of over 1.1 billion dollars worldwide, & with so many popular series available on Netflix including Breaking Bad, Walking Dead, Family Guy, Parks & Recreation, among thousands of other titles, Netflix continues to gain steam as a viable option for a night in with family & friends as opposed to spending money on DVDs, blu-rays or even going to the movie theaters. 

When it comes to the social side of things, Netflix has become the ultimate date night idea, in my humble opinion. Having the option of curling up with a special someone, having some dinner & having a night of someone's favorite show is far more interesting than not being able to chat or stop a movie at the movie theaters, not to mention, movie theaters cost about $40 for a full night including movie, popcorn, drink, etc. 

As time goes on, people will go more towards instant gratification in their entertainment, & unless the price of the blu-rays & DVDs come down, the way of the future of entertainment will be streaming media, & Netflix, Hulu, Amazon Instant Video & others will be at the head of the class.