Coming Soon: Streaming-Only Subscriptions From Netflix

This story was written by Tameka Kee.
It was probably inevitable. *Netflix* is now planning to offer its streaming-video service, which has been a hit among consumers, as a stand-alone option. CFO Barry McCarthy told attendees at the Jefferies Internet and Media conference that the company was "likely to do that in the foreseeable future," according to Reutersthough he made a point to note that the company was still committed to its rental-by-mail business.

Netflix (NSDQ: NFLX) launched its streaming movie service in early 2007, though the complicated execution led to limited adoption; it unveiled unlimited streaming in early 2008, then brokered a slew of deals to allow streaming through devices like the Roku player, *TiVo* and the Xbox 360. The streaming service has been popular: it topped the 10 million mark two weeks agofueled by a surge of more than 600,000 new subscriptions since the start of 2009and CEO Reed Hoffman noted that streaming was "energizing" the company's growth during the Q4 earnings call.

Photo Credit: LauraFries.com


By Tameka Kee
  • CBSNews

Comments