It's the end of an era. Netflix will end its DVD-by-mail subscription later this year.
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00:00Netflix announced it will be ending its DVD-by-mail service later this year.
00:04The streaming service began delivering discs in their signature red and white envelopes in 1998.
00:08Now you're probably thinking, how many people are still subscribed to their mail service?
00:12Netflix recently stopped disclosing the exact subscriber count due to slow growth,
00:15but last year generated $145 million in revenue from DVDs alone,
00:20which indicates that up to 1.3 million people were still renting DVDs from the platform.
00:24Loyal subscribers say they enjoy the nostalgia of receiving that iconic red envelope in the mail,
00:28as well as finding movies that aren't available on streaming services.
00:31Final discs will be sent out September 29.