Netflix to exit the DVD delivery business after 25 years

In 2007, the company launched its streaming business, helping to put Blockbuster Entertainment, the largest DVD rental chain, out of business.

Netflix shipped its first DVD, the horror-comedy classic Beetlejuice, in March 1998. Since then it has mailed more than 5.2 billion discs. Its most popular title was the Sandra Bullock sports drama “The Blind Side.”

—Bloomberg News