Netflix won’t offer new releases from Warner Brothers on DVD or Blu-ray until 28 days after they go on sale.  In return, Netflix will get access to more of WB’s catalog for streaming over the Internet.

I’m not sure why people are upset over this.  The only movies I buy are movies that I know I will watch over and over and over again—so-called “Josh’s classics”—and Hollywood produces maybe one of them a year.  If there’s a movie that I want to see that I didn’t see in the theater, why would having to wait 28 additional days entice me to go purchase it?  It took me 3+ years to get around to seeing “The Last King of Scotland”, and I really wanted to see that one.