Saturday, January 29, 2011
Looking for A Night In?..Netflix has You Covered
Going to the movie theater has taken a back seat these days with the opportunity to watch movies from the comfort of your own home and for the price of only one person, movie streaming is becoming very popular . Several companies have come out with video streaming, and fear not, more are coming. Here is some insight into Netflix and how they are making their way back into the movie industry.
With Netflix you can watch unlimited videos for only $7.99 a month. You can stream through video game consoles such as the Wii, XBox 360 and PS3, internet televisions and mobile devices such as iPhone and the iPad, as well as Tivo. Sounds too good to be true right?? Well for the most part it isn't. While Netflix faces some challenges on the library of content, they still provide a large selection of TV shows and movies to keep your night going strong.
Netflix is seeing great growth in subscribers and profits. Per CNN Money it's shares ended 15% higher on this past Thursday after showing strong increase from it's fourth-quarter earnings. While RedBox hurt them in the dvd rental forum, they are coming to overtake the streaming video arena. Keep watching, there's always a competitor on the rise.