Netflix has 130 million streaming subscribers around the world. I don't know if that number amazes you, but this one might: 3 million people still get DVDs in the mail from them. (???) And they're all in the U.S.
So why doesn't Netflix shut down the DVD end of its business? Because the profit margin per DVD subscriber is still really high. In the most recent quarter, those 3 million people delivered $53 MILLION in straight-up profit.
But it won't last. Netflix has been losing about 190,000 DVD subscribers per quarter for the past two years. At that rate, they'll all be gone by 2022.
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