RIP The discs by mail era.
The company announced it was finally ending its original business, sending people little red envelopes with movies inside,. This wasn’t the first time Netflix made this decision; in the fall of 2011 they announced a plan to spin off their DVD business and make a separate company called “Qwikster.” At that time, the news was met so negatively that Netflix reversed course and kept the DVDs in house.
This time, though, they went through with the plan; tvery last discs went out by Netflix this week. In addition, customers won’t be charged for these final discs if they are not sent back — although if you rented something and To mark the end of the era, Netflix released a video commemorating the years of DVD shipping. You can watch it below. It may make you nostalgic:During the dot-com bubble, Netflix offered to sell the company to Blockbuster Video for $50 million.
Today, the company is 25 years old and is now primarily a streaming company that makes much of its own original content. Netflix is also selling aDVDs and Blu-rays That Are Still Very Valuable
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