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by drewcoo 996 days ago
That all sounds like a press release.

> The business was shrinking and shrinking

Was that the problem, though, or was it just that it wasn't as profitable as the streaming business? The last most of us knew, the DVD business was still profitable.

https://marketrealist.com/2019/08/is-netflixs-dvd-business-p...

> If someone believes there is still value in it, they can try filling it

Hard to build up all of the catalog, infra, etc. that DVD.com had. And even though there were buyers, Netflix would not sell.

https://www.cinemablend.com/streaming-news/netflix-turned-do...

The real story is probably about big corporate agendas being set by the market, which demanded higher profits on everything of a hulking company than a tiny niche business could produce. That combined with a desire to not bleed IP by spinning the DVD business off to be its own success.

Anti-trust laws ought to keep these things from happening.