Netflix: DVD shipments have likely peaked

Venn diagram of the day: "Peak DVD"

Netflix just posted its Q2 earnings materials. Peter Kafka is breaking the numbers down at All Things D.

Of note: Netflix says in its bulletin to investors (PDF) that its DVD shipments have likely peaked.

And so far, since announcing its pricing changes earlier this month, 75% of its new subscribers have been signing up for its streaming-only plan.

By the end of Q3, Netflix expects to have about 25 million total U.S. subscribers. Of those, 10 million will be streaming only. 12 million — about half — will get both streaming and DVD rental subscriptions. And 3 million will be DVD only.

So, yes, Netflix is trying to kill the DVD the same way Apple’s iMac killed the floppy.

And its message to Hollywood is: Your DVD customers are going away, so it’s time to start streaming more movies now.