Smartphone with Netflix logo is placed on a keyboard in this illustration taken April 19, 2022. REUTERS/Dado Ruvicis winding down its DVD-by-mail business, the company said in a blog post on Tuesday, ending the service it started around 25 years ago.
Netflix co-founder Marc Randolph described in his autobiography how he and co-founder Reed Hastings had flirted with the idea of challenging Blockbuster Video with mail-order VHS cassettes, but it would have cost too much. They instead landed on a more cost-effective proposition: DVDs sold and rented online.
"Betting on DVDs was a risk," Randolph wrote in his book, "That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea." He added: "But it might also be our way to finally crack that category."
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:
Wait….that was still a thing?!
I thought Netflix 'the streaming service' went bankrupt and ceased to exist, and now informed that they still renting DVDs. WTH🤡
I didn't know they still did that. Thats some 2002 shit.
They had much better choices to rent on dvd than the 90% rubbish available to stream
I thought they ended this like 10-15 years ago lmao
Noooooooo
? When was the last time someone rented one 🥴
What's a DVD?
We've known Biden is a criminal since 2015. Why tf isn't he in prison ? Because our government is corrupt af
They still make the color red?
I loved this way back when but thought it ended.
What’s a DVD and what’s a mail?
Where will I get my hd-dvd's now?
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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 »