Started around 25 years ago, DVD rental was once a major income source for Netflix, which now owns a majority of the global streaming marketStarted around 25 years ago, DVD rental was once a major income source for Netflix, which now owns a majority of the global streaming market
Digital streaming company Netflix has just announced that it is finally winding up its DVD-by-mail business, which started around 25 years ago and was once a major income source for the company.
Releasing this news on its blog post, Netflix said that its DVD rental business has been shrinking with time thus forcing them to wind up operations. The company said that it will no longer continue its DVD rental business and send out its last DVD on 29th September.
