It all started with small silver discs: Reed Hastings, one of the two founders of Netflix, started a video store in Los Gatos, California, in 1997 and was soon sending DVDs to his customers. Ten years later, when the films became available online, Netflix got into the streaming business. Now, after more than 25 years, Netflix is finally stopping shipping DVDs by mail in the US. The last discs in the characteristic red envelopes should be sent out at the end of September, the offer has hardly been used for a long time. So the end will hardly be felt in sales, but it is a symbol that marks the end of an era.
How Netflix is surviving the change – Economy
