Photo illustration: Adele MorganNetflix Inc. said it would roll out new password-sharing limitations more broadly—including in the U.S.—by the end of June, and announced it would soon wind down the DVD-by-mail business that the company was built upon.
Netflix added 1.75 million subscribers in the first quarter and ended the period with 232.5 million customers, a far slower pace of growth than it was accustomed to before and during the pandemic. After losing subscribers for the first time in a decade a year ago, the company took a series of steps to expand its customer base, including launching
that's dumb they reported strong earnings
Kylie Jenner's frame drowns in leather look after sparking weight loss concern
Greedy Netflix
They're about to find out the actual user base is much smaller then anticipated
Do Millennials or GenZ pay for anything?
The Biden administration is eating too much of the bones and flesh of the Korean economy and diplomacy. It's predatory. They are demanding the release of original technologies for batteries and semiconductors. From a distance, it is also a loss for the United States.
They're *still* shipping DVDs? Anyway, what a great pivot out of the old model!
Great way to lose customers. Some have 100s of titles in their queue that are not (and may never be) on streaming. (Netflix Netflix)
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Netflix Winds Down DVD-Rental BusinessNetflix plans to ship its last red DVD envelopes in September, ending 25 years of mailing shows and movies to subscribers. Didn’t realize they were still doing it What’s a “DVD”? They’re still doing this?
Source: WSJ - 🏆 98. / 63 Read more »
Netflix to Shutter Legacy DVD-By-Mail BusinessThe iconic red envelopes will be disappearing from mailboxes in September. Aww. Sad. My mom will be bummed. (not a joke) It was still a thing?
Source: THR - 🏆 411. / 53 Read more »
Netflix will shut down its DVD rental business in September | EngadgetNetflix is shutting down its DVD rental business in September after 25 years.. Lol They were still doing this? I guess to compete with Redbox Didn’t even know that’s a thing still in 2023
Source: engadget - 🏆 276. / 63 Read more »
Netflix shutters DVD rental business after 25 yearsNetflix Inc. is calling it quits on DVD rental sales after 25 years. The streaming giant, whose DVD business shrank as it accelerated and exploded into... 👀 I didn’t know they were still doing that. Wait, what? They have way more movies that way. dvdnetflix Wow breaking news
Source: MarketWatch - 🏆 3. / 97 Read more »
Netflix Is Shutting Down Its DVD BusinessNetflix’s famous red envelopes are headed to the recycling bin of history. The company announced the shutdown of the DVD-by-mail business Tuesday ahead of its first-quarter 2023 earnings repo… They STILL had a DVD business? 😳 Always like their DVD service because it was the only place (After Netflix put Blockbuster out of business) where you could get any movie or TV show you wanted for $8 a month, but I cut it off when Covid started & never got it again - a shame cause there is no pace like that now. It was a good run. But once discs became a niche market and video disc rentals mostly shut down, it was only a matter of time. I enjoyed it in it's hey day, but once they started throttling new releases, it went downhill from there.
Source: Variety - 🏆 108. / 63 Read more »
Netflix to end its DVD-by-mail business in an end of an eraNetflix on Tuesday said it was ending its DVD mailing service in September, marking the end of an era for the Los Gatos streamer as it evolves its business to compete with rivals. It would be nice if one of these idiotic services would allow you to rent new releases digitally without charging you $9. What a business idea. thewendylee I remember working for blockbuster trying to sell blockbuster online 😂😂
Source: latimes - 🏆 11. / 82 Read more »