Netflix to Finally Phase Out HD DVD
November 14, 2008 1:42 PM
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Netflix consumers will have one month before the rental service stops renting HD DVDs
Online movie rental company Netflix sent an e-mail to its subscribers informing them they would no longer be able to rent HD DVDs.
"Effective December 15, 2008, we will no longer carry HD DVDs," a message to subscribers said. "At that time, we will automatically replace any HD DVD titles in your queue with standard DVDs when available. You don't have to do anything."
"Last February, we announced that since most of the major movie studios had decided to release their high-definition movies exclusively in Blu-ray, we were going exclusively Blu-ray as well and would be phasing out our HD DVDs."
Since Sony-backed Blu-ray won the format war and HD DVDs are no longer being released by movie studios, this decision isn't shocking. Netflix will stop selling used DVDs by the end of the month, and it's unsure what will happen to the company's HD DVD catalog -- Netflix never sold high-def content.
The company will now shift support back to DVDs, Blu-ray and streaming services, with a strong emphasis on Blu-ray and streaming services. The company recently announced several partnerships in which consumers will be able to stream TV episodes and movies directly into the living room using a set-top box or certain Blu-ray players.
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11/16/2008 5:31:17 PM
I'd be OK with a world currency, would probably put things in balance.
If we were still on the gold standard, they estimate oil would be $3.50 per barrel. That is not a typo, $3.50. Having an imaginary number set to your money is kinda crazy. Also some of our strongest times as a country were while we were on the gold standard. Hell, use diamonds if you really want. Any resource works, we practically do it with oil anyway. Don't put all your eggs in one basket I guess.
Sooner or later China is going to want their loans repaid, thats not going to be good. I have a feeling if WWIII happens, it will be over us owing everyone money.
11/16/2008 11:57:10 PM
Yes, might be $3.50 a barrel, but you'd probably be making fifty cents an hour if you've got a good job.
Actually I'm not sure how it's work out. I more suspect that gold just would be a million dollars an ounce and that the only winners would be the gold mining companies and those who own the mines. The new materials that they have to replace gold on connectors would have been invented earlier, and nobody would have gold jewelery.
I also suspect those pushing the gold standard are those owning gold or stock in entities that do.
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