Netflix to let people keep the DVDs they rented

Netflix is shutting down its DVD rental business, and the last disc would be mailed on September 29. Netflix announced on Monday that after the deadline its subscribers have the option to keep any DVDs, telling subscribers,

"After 25 years of movies in the mail, we're approaching the end of our final season," it read. "We really appreciate that you're sharing movie nights with us until the last day. Let's have some fun for our finale!"

"Please enjoy them for as long as you like! If you do choose to return the disc, we will continue to accept returns until October 27, 2023."

In 1997, Netflix launched as a pay-per-rental service, but it transitioned to the now-famous subscription queue system in 1999, where customers make a list of DVDs they'd like to receive, and they would get shipped out in order as they became available. This business model partially led to the collapse of video rental chains. While once popular, the world largely moved on to streaming video services, and in April of this year, Netflix announced that it would discontinue its DVD rental service permanently.

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