What is NetFlix DVD rental service?
Netflix was founded in 1997 when it offered customers the option to rent DVD’s on a per DVD charge basis. The DVD was sent to the subscriber by mail with a $2 postage charge. This model was later change by Netflix to a monthly subscription model where the subscriber was charged on a monthly basis for a certain number of DVD’s per month. The online scubscription provide huge benefits to the customer where there is no additional charge like the lates fees, shipping or handling charges. This model made Netflix a popular choice among subscribers. Netflix’s success in online DVD rental service has prompted other players to start such rental services. This includes online services from Walmart, Amazon.com etc. Other major players like Blockbuster also moved from instore video rental to online video rentals.