Mail-based service has had a 25-year run in the US but the streaming business eclipsed it long ago

Most of Netflix’s 238 million streaming customers around the world will be unaware that the company first launched 25 years ago as a DVD mailing service. Even fewer might realise that operation has continued, with under 1 million people still subscribing.

But the company is finally hitting the stop button, with its five remaining US distribution centres mailing out their final discs to American customers on Friday.

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