Is this the end of the road for the DVD-rental business?
More than 800,000 subscribers fled Netflix in the third quarter amid rising prices and growing anger at the company's flip-flopping business model -- and the company's stock took a rollercoaster-style plunge that evaporated capital and had day traders gasping for breath. Some analysts argued that the trouble with once high-rolling Netflix is a fresh nail in the coffin of the DVD rental business.
"The future is clearly streaming now -- it's only a matter of time before all disk-based media becomes obsolete," Rob Enderle, a leading technology analyst with The Enderle Group, told FoxNews.com.
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