NEWS
Netflix Generated $200 Million In 2021 Disc Rental Revenue, Unchanged From 2020
January 21, 2022
Erik Gruenwedel, Media Play News
Netflix’s legacy by-mail DVD/Blu-ray Disc movies rental service continues to generate incremental revenue for the SVOD behemoth. The streamer reported revenue of $200 million for the fiscal year ended Dec. 31, 2021 — unchanged from $200 million in revenue in 2020.
Netflix doesn’t include packaged-media rental revenue or subscriber data in its financials, categorizing disc rental as separate revenue. The company reported $400 million in disc revenue in 2018 — underscoring the ongoing decline of its packaged-media business. It last reported about two million disc-rental subscribers in 2019.
Regardless, with Family Video calling it quits, Netflix and Redbox remain the only packaged-media rental services operating nationwide.
Read More:
https://www.mediaplaynews.com/netflix-generated-200-million-in-2021-disc-rental-revenue-unchanged-from-2020/
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