Latest in Gear

Image credit:

Netflix has shipped 5 billion discs

Physical movies aren't dead yet.
Jon Fingas, @jonfingas
August 26, 2019
1 Shares
Share
Tweet
Share

Sponsored Links

AP Photo/Paul Sakuma

Streaming dominates Netflix's universe, but don't think its disc-based service is dead yet -- in fact, it just marked a big milestone. The other part of Netflix's business just shipped its 5 billionth disc (Rocketman, if you're curious) 21 years after deliveries began. Many of those discs shipped back when streaming was just a nice-to-have bonus at Netflix, but it's still a significant achievement at a time when fewer and fewer people have disc players.

There's no doubt that the physical media side of Netflix is small by this stage. There were 14 million disc subscribers in 2011, but that fell to a mere 2.4 million by the second quarter of this year -- for context, there are 151 million streaming customers. It is, however, still a money maker. Although the $46 million in quarterly profits is a pittance in 2019 (Netflix has spent more on developing individual shows), that's clearly enough to keep it around.

We wouldn't count on another billion. Even if all existing disc subscribers rented a title every month from here on out, it would take nearly 35 years to hit the 6 billion mark. Not that Netflix or its customers are likely to complain. It's at least one more hurrah for the service that got Netflix started, and it serves as a reminder that streaming doesn't quite satisfy everyone.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
1 Shares
Share
Tweet
Share

Popular on Engadget

The redesigned Tesla Model S interior swaps in a steering yoke

The redesigned Tesla Model S interior swaps in a steering yoke

View
Amazon’s motorized Echo Show 10 goes on sale February 25th

Amazon’s motorized Echo Show 10 goes on sale February 25th

View
NASA's asteroid-sampling OSIRIS-REx probe will head back to Earth in May

NASA's asteroid-sampling OSIRIS-REx probe will head back to Earth in May

View
Tesla's Cybertruck is on track for volume production in 2022

Tesla's Cybertruck is on track for volume production in 2022

View
Apple reports $111 billion in quarterly revenue, shattering previous record | Engadget

Apple reports $111 billion in quarterly revenue, shattering previous record | Engadget

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr