April 22, 2004
Netflix is the crack addiction of the movie industry

After listening to so many conversations that end with someone saying "I'll have to put that on my Netflix list", I realized that I have been in Netflix denial. I knew Netflix was a website and its' focus was DVDs, but I never took the time to know the details. After much hesitance, I made the decision to check out this Netflix site and see what exactly is causing this bizarre DVD frenzy.

Went to Netfix,com, blah, blah, blah, $19.95 a month, three DVDs, no late fees....okay, okay I have to admit, I'm impressed. But why the denial? Am I afraid that I'll enjoy this Netflix business? If I were to participate in this Netflix biz, then that would consist of spending even more time on my computer in order to read through yet another program of films, staying home to watch movies and falling behind on my "books to read" list. I realize that this is not an either/ or situation, one can subscribe to Netflix AND go to the movies. But do they?? (excluding the Passion of the Christ audience)

According to Wall Street, Netflix's stock was up 250% this year and Netflix's market value is worth over $2 billion dollars.

Netflix has a catalog of over 18,000 movies and it's definitely a better choice than Blockbuster...but then again, any choice is better than Blockbuster. So, the positive side of this Netflix is that it offers their members an opportunity to continue their interest in watching a wide selection of movies, not to mention, no worries about late fees or commercial interruptions.

So, why would people choose to go to the movies when there are three movies waiting for them at home which have already been chosen and paid for??
Well, I suppose one could ask that same question when referring to either restaurants and Fresh Direct or concerts and downloading mp3s.

What it boils down to is that Netflix is the crack addiction of the movie industry. Netflix sends you movies, gets you hooked and then continues to send DVDs. The DVDs are there and always available, just waiting to be watched.

Is the addiction worth it?

Posted to inquiries by thereelroundtable at 10:49PM on Apr 22, 2004