The End of an Era: Netflix Closes DVD Rental Service

1 min read
Source: CNN
The End of an Era: Netflix Closes DVD Rental Service
Photo: CNN
TL;DR Summary

Netflix is shutting down its DVD-by-mail service after 25 years, marking the end of the red envelope era. The company, which gradually shifted its focus to streaming content online, will continue to accept returns of customers' remaining DVDs until October 27. While some longtime customers found value in the DVD option for its selection and added perks, Netflix's DVD business has declined significantly in recent years. The move allows Netflix to better focus resources on expanding into new markets and cutting costs amid heightened streaming competition. Some subscribers expressed nostalgia for the DVD service, while others hoped for a potential sale of the business.

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