Netflix Still Makes Money On DVDs, Just Shipped Its 5 Billionth Disc

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Movie and TV big Netflix does a variety of its enterprise by streaming as of late, however some could also be stunned to know the corporate is definitely greater than 20 years previous. Its legacy is within the by-mail DVD and Blu-ray rental sector–and that is nonetheless very fashionable for Netflix.

The firm ships 1 million discs every week, and now Netflix’s DVD enterprise has reached an enormous new milestone: 5 billion discs shipped.

“Five billion discs delivered is a huge milestone and we owe it all to our amazing members and team members,” Netflix mentioned in a tweet asserting the information.

According to Entertainment Weekly, the Elton John biopic Rocketman was the 5 billionth DVD that went out to mail. One of the explanations folks hold subscribing to the by-mail service is as a result of not all films can be found to stream; Rocketman is an instance of a well-liked film that a number of folks need to watch.

As of June 30, the top of Netflix’s most up-to-date reporting interval, the corporate had 2.four million DVD by-mail subscribers. This works out to $157 million in income. The firm’s streaming enterprise, after all, is way bigger; it counts greater than 150 million subscribers worldwide and $9.three billion in income.

Netflix is thought for its big variety of authentic, unique collection. One of the community’s upcoming exhibits is The Witcher, which stars Henry Cavill as Geralt.

Netflix was based 21 years in the past this week.



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