Tag: DVD rentals

Netflix sends out last DVD
Technology

Netflix sends out last DVD

[ad_1] Streaming powerhouse Netflix mailed out its last DVD on Friday, ending a service after 25 years that helped the company grow into an entertainment behemoth.Founder Reed Hastings has often said that he started the company in a pique of frustration with the Blockbuster rental store that charged him $40 for returning the movie Apollo 13 six weeks late. Out of that eventually came the idea for a subscription based DVD-by-mail service that let the customer hold onto the title as long as they wanted. Once viewed, the DVD was slipped into a prepaid envelope and sent back to the company, with the subscriber's next choice sent on its way in exchange."In 1998, we delivered our first DVD. This morning, we shipped our last," the company said on its website on Friday."For 25 years, we redefin...