Saturday, September 23, 2023

Netflix is shutting down its DVD services and I'm donating these titles to Goodwill

 
Photo by Retiring Guy

New York Times, 9/23/2023
When Netflix began mailing DVDs in 1998 — the first movie shipped was “Beetlejuice” — no one in Hollywood expected the company to eventually upend the entire entertainment industry. It started as a brainstorm between Reed Hastings and Marc Randolph, successful businessmen looking to reinvent the DVD rental business. No due dates, no late fees, no monthly rental limits. 
 It did much more than that. The DVD business destroyed competitors like Blockbuster and altered the viewing habits of the public. Once Netflix began its streaming business and then started producing original content, it transformed the entire entertainment industry. So much so that the economics of streaming — which actors and writers argue are worse for them — is at the heart of the strikes that have brought Hollywood to a standstill.

Related posts:
Netflix has a new idea.  (6/24/2017)

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