Netflix Is Shutting Down Its DVD Business

The company announced the shutdown of the

Netflix’s revenue from the DVD-by-mail biz has — by design — steadily declined over the years, as the company wanted to push members toward the streaming service. In 2022, the DVD business generated $145.7 million , which represented just 0.5% of its total revenue. Netflix originally launched video-streaming in 2007, and originally that was part of its DVD-by-mail subscription plans. In 2011, Netflix made the disastrous decision to split Netflix streaming from the newly named Qwikster DVD-by-mail business — a move the company reversed after less than a month and slew of cancelations.

Had no idea they still where doing that.

This sucks! I still have their DVD subscription. 😩

This is a heartbreaker

Oh well, read a book instead.

😭😭😭

What will happen to the other Netflix original shows and movies that never got their DVD releases?

I didn’t know they were still doing it lol

Hold up...Netflix still had a DVD business?

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.

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.

They STILL had a DVD business? 😳

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

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
Sumber: engadget - 🏆 276. / 63 Baca lebih lajut »

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?
Sumber: WSJ - 🏆 98. / 63 Baca lebih lajut »

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?
Sumber: THR - 🏆 411. / 53 Baca lebih lajut »

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
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »