Many people know Netflix since recently. However, this is a company that has been around for several years and offers many services. In fact, the streaming giant that earns millions and is one of the most successful companies in the digital content market. But this type of content wasn’t always its strongest point. Now with the development, the Netflix service is ending. Will he miss you a lot?
The end of an era! Netflix is ending!
Netflix announced today that it is shutting down one of its very special but forgotten services. In fact, after 20 years, the DVD rental business has died out. It’s not hard to imagine why this would happen, given that physical media has become less prominent over the past decade, and the company’s core business has become the streaming platform. However, the last discs will ship on September 29, 2023.
Apart from this, the company also shared some details about its DVD rental business. Over the life of this service, more than five billion DVDs have been downloaded, and at one point they had 40 million subscribers. The Blind Side was one of their most popular rentals, and the first DVD the company shipped was Beetlejuice. If you’re still not impressed with those numbers, know that this company has 530 sub-genres of movies, with 20 main genres, which is quite a lot.
As for the digital part, in 2007 Netflix first invested in digital movie transmission, and the following year made the service available for free as part of a Netflix DVD rental subscription. Although there weren’t many titles out there at the time, it was a good way to kill time until the rental DVD arrived in the mail.
The initial cost to customers was €7.99 per month for live broadcasting, which is very different from the current prices, which have increased significantly. In any case, many in the US will likely miss Netflix DVD rentals, mainly because of nostalgia.
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