Netflix winds down DVD rental business

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Netflix Inc is winding down its DVD rental business, the company said in a blog post on Tuesday, ending the service it started around 25 years ago.The streaming service said the DVD business had been shrinking and it will not be able to continue to offer quality service. The company will ship the last dis

Netflix Inc is winding down its DVD rental business, the company said in a blog post on Tuesday, ending the service it started around 25 years ago.

The streaming service said the DVD business had been shrinking and it will not be able to continue to offer quality service. The company will ship the last discs on Sep. 29. Netflix, which was founded in 1997, started the DVD rental service a year later and would send them with a red envelope which the subscribers could use to return the discs to the company.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

裁员?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines