Netflix Shuts Down DVD Business: Who Will Take Over the DVD Rental Industry?
Netflix began its DVD rental-by-mail business 25 years ago. Over the course of its service, Netflix shipped 5 billion DVDs. There was a point in the late 2000s when almost every mailbox was stuffed with red envelopes. Just in between 2007 and 2009 alone, Netflix shipped a billion DVDs by mail, with its loyal fans … Read more