In other news, Netflix announced that the company grew to 232.5 million global paid memberships, up 4.9 percent year over year. Since then, it’s shipped more than 5.2 billion DVDs to some 40 million unique subscribers.
The first DVD it shipped was Beetlejuice, on March 10, 1998. Netflix gave some stats along with the sad news. DVD paved the way for streaming, ensuring that so much of what we started will continue long into the future.” “From the very beginning,” the letter to shareholders continued, “our members loved the choice and control that direct-to-consumer entertainment offered, including the variety and quality of our titles and the ability to binge-watch entire series. Visit our Plan Change page and select the plan thats right for you, we have options with up to. And while that may sound a little crazy in 2023, it’s also perfectly sane for those who don’t have broadband connections (and that’s still far more people than you might think), as well as those who just want the better quality that’s often available on Blu-ray. I want to get through my queue, how do I get more discs A. You could still get a single disc at a time for $10 a month, two for $15 a month, or three at once for $20 a month. While Netflix ushered in the streaming era, it never actually got rid of its plans that shipped DVDs and Blu-ray discs.
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It was a phenomenal idea in a time in which individual DVDs would cost as much (or more) as a Netflix subscription, and it made countless flicks and series available outside of cable reruns.
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You’d watch the movie as much as you wanted, then ship it back and get the next thing in your queue. You’d pay a monthly fee and then get a DVD (or two or three) in the mail, along with a return label. Netflix, of course, started as a DVD rental company. So we want to go out on a high, and will be shipping our final DVDs on September 29, 2023.” Netflix “Our goal has always been to provide the best service for our members, but as the DVD business continues to shrink, that’s going to become increasingly hard. Netflixs subscription model for DVDs (and blu-rays) has three plans: the basic 10-a-month plan gets you one disc at a time, the 15 plan gets you two.
“After an incredible 25-year run, we’ve decided to wind down DVD.com later this year,” Netflix co-CEO Ted Sarandos wrote in its letter to shareholders. That’s a big deal because Netflix has had its legacy DVD service all this time - and it’s what allowed the company to become the global leader in streaming entertainment in the first place. Netflix announced today in its first-quarter earnings letter - and in a note to, well, everyone - that it will stop shipping DVDs on September 29, 2023.
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