Netflix’s Streaming Service Comes Up Short for Movie Buffs
Netflix (NASDAQ:NFLX) in its ongoing battle to make customers happy took another hit from its streaming service. For those interested in seeing the year’s top 100 box office movies, this isn’t a venue offering a lot of choices.
According to a TNL.net post, Netflix offered five of 2011’s top 100 movies on its streaming service. This compares to its 10 movies offered in 2010.
Looking at Netflix’s competition, Amazon (NASDAQ:AMZN), Apple’s iTunes (NASDAQ:AAPL), and Vudu fared the same with numbers of offerings in the mid-40s. These three pay-for-view options appear to have access to the same movies and their prices to rent average between $3.99 to $5.99.
In addition to their greater number of top 100 movies,the three companies also saw less declines of their offerings year over year than Netflix. Coming in second is Amazon with three less movies and the remaining services with two.
So what does this mean for Netflix? It appears the company’s streaming service is moving more toward a TV-network model with its recent trend of producing original content.