Netflix shutters DVD rental business after 25 years

Netflix Inc. NFLX is calling it quits on DVD rental sales after 25 years. The streaming giant, whose DVD business shrank as it accelerated and exploded into streaming, will ship its last red DVD envelopes on Sept. 29, the company said in a statement. “Those iconic red envelopes changed the way people watched shows and movies at home — and they paved the way for the shift to streaming,” Netflix said.

... Netflix Inc. NFLX is calling it quits on DVD rental sales after 25 years. The streaming giant, whose DVD business shrank as it accelerated and exploded into streaming, will ship its last red DVD envelopes on Sept. 29, the company said in a statement. “Those iconic red envelopes changed the way people watched shows and movies at home — and they paved the way for the shift to streaming,” Netflix said.

Wow breaking news

Wait, what? They have way more movies that way. dvdnetflix

👀 I didn’t know they were still doing that.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

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?
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »

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?
Источник: THR - 🏆 411. / 53 Прочитайте больше »

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
Источник: engadget - 🏆 276. / 63 Прочитайте больше »

Stocks making the biggest moves premarket: Charles Schwab, Dell, Alphabet, HP Inc. & moreJPMorgan downgraded Dell to neutral from overweight, citing its preference for HP's expected recovery in the PC segment.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »