Netflix to ‘wind down’ mailing DVDs of movies to subscribers after 25 years

Netflix to ‘wind down’ its DVD rental service later this year (Nick Ansell/PA)

Netflix is to “wind down” its DVD rental service later this year after 25 years, the company’s co-chief executive Ted Sarandos has announced.

Mr Sarandos said that due to struggling growth, the streaming giant would be shipping its final discs on September 29.