Its DVD business has also declined significantly in recent years. In 2021, Netflix's non-streaming revenue - mostly attributable to DVDs - amounted to 0.6% of its revenue, or just over $182 million.
Even before Netflix announced the news, some longtime subscribers said they could see the writing on the wall. A Netflix spokesperson told CNN it has no plans to sell the DVD business and will be recycling the majority of its DVDs through third-party companies that specialize in recycling digital and electronic media. It will also donate some of its inventory to organizations focused on film and media.
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