Netflix was once the US Postal Service’s fifth largest customer. Now it’s shutting its DVD service.
Shot:
“Those we admire most in sports, business, politics, and entertainment tend to share one quality: They knew when it was time to quit, time to pass the baton, time to disappear, in a way that preserved, even enhanced, their reputation. Nothing diminishes past success like overstaying your welcome.” – Morgan Housel
Chaser:
“It’s sad when you get to the end, because it’s been a big part of all of our lives for so long,” Hank Breeggemann, the general manager of Netflix’s DVD division, said in an interview. “But everything runs its cycle. We had a great 25-year run and changed the entertainment industry, the way people viewed movies at home.” – NYTimes
Netflix is letting its remaining customers keep the last few DVDs they received. Nice.