retail news in context, analysis with attitude

by Kevin Coupe

Variety reports that while Netflix didn't have as strong a first quarter as analysts predicted - it only added 1.42 million U.S. subscribers and 3.53 million overseas, on Q1 revenue of $2.64 billion, up from $1.96 billion in revenue during the same period a year ago - it is expected to hit a major milestone this weekend.

Netflix - which helped to disrupt Blockbuster right out of business and continues to serve not just as a major competitor to traditional media companies, but also as an estimable original content producer and provider - is expected to cross the 100-million-subscriber benchmark this weekend.

Yikes.

Never underestimate the power of disruption.

Right now, I can hardly remember life before Netflix started sending me those red envelopes, and I cannot imagine life without its streaming services. Though, to be fair, I only feel that way because something better and more convenient and relevant hasn't come along.

Yet.

And when it does, it'll be an Eye-Opener.
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