Netflix’s DVD business is still alive and profitable, by a small margin
Posted: Sun May 20, 2018 9:56 am
CNBC - 5/20/2018 - Darren Weaver and Erin Black - Netflix's DVD business is still alive — here's what it looks like Netflix's DVD business, DVD.com, is still alive and profitable, by a small margin. Netflix split the DVD division from the streaming service in 2011. The company has barely more than 3 million DVD subscribers, compared to 125 million streaming subscribers. But the company has no reason to kill that business yet, as it still earns money: it showed an operating profit of $56 million on $99 million in revenue in the first quarter of 2018. Read more @ https://www.cnbc.com/2018/05/20/netflix ... ibers.html