Netflix’s famous red envelopes are headed to the recycling bin of history. The company announced the shutdown of the DVD-by-mail business Tuesday ahead of its first-quarter 2023 earnings report. Since 1998, according to the company, it has mailed out more than 5 billion DVD and Blu-ray rentals to subscribers across the U.S. The final Netflix DVDs will be shipped out on Sept. 29, 2023, according to co-CEO Ted Sarandos.
