On an earnings conference call with analysts Wednesday, Hastings said Netflix now has no plans to spend any marketing dollars on its DVD-by-mail service, which lost 2.76 million subscribers during the last three months of 2011.
"We expect DVD subscribers to decline each quarter forever," he said.
When the Qwikster plans were announced, Netflix also said it would add video games to its DVD-by-mail business. But Hastings said the company has given up on that plan as well.
This is Hulu's chance. Netflix is flailing around like a dying fish and killing itself. If Hulu were to add to its movie library in addition to its phenomenal TV Shows library, I would drop Netflix in a heartbeat. I just wish that Hulu was available on the Apple TV.
Are you listening, Apple?
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