Netflix will ship its final DVDs today, saying goodbye to its disc rental service after 25 years as the DVD business becomes increasingly obsolete in the era of video streaming. Over the years, Netflix has mailed nearly 5.2 billion discs in its signature red envelopes to approximately 40 million unique subscribers, competing successfully with traditional video rental outlets like Blockbuster and Hollywood Video. Read this story and see the 50 most popular DVD rentals on Netflix in today's newsle
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Netflix is saying goodbye to its iconic red envelopes. The streaming company announced on April 18 that it plans to end its DVD rental service this year. Netflix co-CEO Ted Sarandos announced the news in a blog post entitled ‘Netflix DVD - The Final Season.’ ‘After an incredible 25 year run, we’ve decided to wind down DVD.com later this year. Our goal has always been to provide the best service for our members but as the business continues to shrink that’s going to become increasingly difficult.
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