August 05, 2009
Netflix, the Library and the Death of the Entertainment Industry
So, Netflix has been offering streaming video for a while now. Even if you have a 1-movie at a time plan, you can just sit at your computer or TV all day streaming one movie after another. The idea is that you're still just renting 1 at a time. You're just given immediate access to it and immediate returns.
I have recently become a fan of my local library's free system of renting movies from their network of libraries. I don't think I have come across a movie yet that I haven't been able to secure from this network. The one downside is that it sometimes takes a while to get to the front of the "on hold" queue.
But what happens when libraries start streaming their entire collections? You'll have instant access to every movie you could possibly think of. All for free. Probably music, too.
What's this going to do to the entertainment industry?
Posted by Eric Olsen at 5:29 AM