The Future of DVD Rentals: Netflix's Warning and Redbox's Interest.
Netflix's decision to end its DVD-by-mail business has raised concerns about the future of physical media, but CEO of Kino Lorber, Richard Lorber, argues that DVDs will survive in the age of streaming. Lorber believes that owning physical media provides a sense of pride and identity, and that younger generations are still interested in buying DVDs. He also notes that the appetite for premium formats like 4K UHD Blu-ray remains healthy.