Netflix to ship last red envelope later this year

Netflix announced on Tuesday that it plans to ship out the last DVD in what has become an iconic red envelope, at the end of September.

Since then, the company shipped over 5.2 billion DVDs from 20 main genres and 530 subgenres to over 40 million unique subscribers over the years.The DVD service eventually propelled the company into creating its own original content with Red Envelope Entertainment titles like Zach Galifianakis Live at the Purple Onion and Sherrybaby.

"We feel so privileged to have been able to share movie nights with our DVD members for so long, so proud of what our employees achieved and excited to continue pleasing entertainment fans for many more decades to come," Sarandos said. "To everyone who ever added a DVD to their queue or waited by the mailbox for a red envelope to arrive: thank you."

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