11th of November 2020 - CPAElites is for sale! As a result of the 4th CEO absence in 2020 (for months): Please click [here] to read more!

There are still 3 million people using Netflix for DVDs
2018-08-26, 10:35 AM,
Here’s an obscure fact you might not necessarily be familiar with, given how thoroughly it’s been buried under the steady accrual of dust and time: Netflix got its start by mailing people DVDs. Like, through the post office. Yes, Netflix. Yeah, the BoJack Horseman and Orange Is The New Black people! They’d just mail ’em out to ya, in these neat little red envelopes! It was bizarre.

Is bizarre, rather: Variety took a brief look at the streaming giant’s history this week—most notably, Reed Hastings’ game-changing (and surprisingly early) understanding that he’d one day need to shift his company’s focus to streaming video—and learned that, while online memberships are obviously the biggest part of the company’s business model these days, there are still 3 million people holding onto its DVD side. (Split off several years ago into the still-Netflix-owned DVD.com.)

And while that’s a very small number compared to the 130 million or so guzzling down the company’s streaming offerings right now, it does still mean that there 3 million of those little red envelopes out there, delivering people, say, the next disc of the second season of Battlestar Galactica. (Watch out for “Black Market,” folks; it’s a real stinker.) That’s not inconsequential for the company’s bottom line, either; according to Variety, those DVD plans—which start at $7.99 a month—can account for as much as $53 million in quarterly profits, a not-inconsiderable chunk of change.

It’s worth noting that there are a number of good reasons to hold on to the old ways, though: Netflix’s DVD selection is typically su --- Forum discussions and promotions are not allowed. --- antially better than that afforded by its various streaming licensing deals, for one thing. There’s also the fact that the Netflix DVD business serves portions of the population that can’t necessarily take advantage of the rapidly increasing internet speeds that made the company’s streaming offerings viable, either because of cost or locale. Those folks might want to start reevaluating their media consumption habits soon, though: DVD subscriptions have fallen gradually over the years, and it looks like they might reach unsustainably low levels for the company as soon as 2022.

2018-08-26, 10:42 AM,
Just like my Father. Doesn't use it, too stupid to change it.
2018-08-26, 10:51 AM,
Had no idea they still did it. & of course it's a US only service.
2018-08-26, 11:04 AM,
It is been very long I have DVDs, probably 5 years. It is weird that people still use it.
2018-08-26, 11:13 AM,
Its a good deal. My dad still uses it because he likes getting the movies that just came out on blu-ray that never come to netflix streaming.
2018-08-26, 11:18 AM,
Theres also people who still pay for AOL internet service
2018-08-26, 12:39 PM,
Wow, so Netflix makes over 1 billion dollars per MONTH in subs?
2018-08-29, 09:01 AM,
Those people must have no idea about streaming.

Related Threads
Thread Author Replies Views Last Post
  Which OS are you using? franzceen 13 1,167 2020-09-21, 06:42 PM
Last Post: N1coleW
  3 to 5 Million US$ revenue CharlieHarper 135 26,382 2020-07-26, 02:19 AM
Last Post: Latin
  Too much money changes people, is it true? LeoneAvaliani 6 732 2019-04-17, 05:43 AM
Last Post: ZaltieXX
  Which OS are you using? franzceen 1 396 2019-04-12, 02:08 PM
Last Post: CharlieHarper
  Which version of windows you are using? siyaram 7 642 2019-03-13, 03:38 AM
Last Post: JCAnderson

About Us | Contact Us | CPAElites | Advertise | Stats

Copyright © 2013 - 2020 by (company to be announced later)
Temporarily (!) powered by MyBB, fixed (repaired) and enhanced by Charlie Harper (GitHub) aka Charles Francis Harper (Wikipedia)
Return to top
This forum uses Lukasz Tkacz MyBB addons.