Editing Streaming media (section)

=== Transition from DVD ===
One of the movie streaming industry's largest impacts was on the DVD industry, which drastically dropped in popularity and profitability with the mass popularization of online content.<ref>{{Cite web |last=Durrani |first=Ana |date=27 March 2023 |title=Top Streaming Statistics In 2024 |url=https://www.forbes.com/home-improvement/internet/streaming-stats/ |access-date=28 September 2024 |website=Forbes Home |language=en-US}}</ref> The rise of media streaming caused the downfall of many DVD rental companies, such as [[Blockbuster (retailer)|Blockbuster]]. In July 2015, ''[[The New York Times]]'' published an article about [[Netflix]]'s DVD services. It stated that Netflix was continuing their DVD services with 5.3&nbsp;million subscribers, which was a significant drop from the previous year. On the other hand, their streaming service had 65&nbsp;million members.<ref>{{cite news|author=Steel, Emily|title=Netflix Refines Its DVD Business, Even as Streaming Unit Booms|url=https://www.nytimes.com/2015/07/27/business/while-its-streaming-service-booms-netflix-streamlines-old-business.html |archive-url=https://web.archive.org/web/20170621135707/https://www.nytimes.com/2015/07/27/business/while-its-streaming-service-booms-netflix-streamlines-old-business.html |archive-date=21 June 2017 |date= 26 July 2015|work=The New York Times|access-date=4 November 2019}}</ref> The shift to streaming platforms also led to the decline of DVD rental services. In July 2024, [[NBC News]] reported that [[Redbox|RedBox]], a DVD rental service that had operated for 22 years, would shut down due to the rapid incline of streaming platforms. As the rental services has been rapidly declining since 2010, the business had to file for bankruptcy, with 99% of households now subscribing to streaming services. Further reflecting the shift away from physical media, BestBuy has ceased selling DVDs.<ref>{{Cite web |date=2024-07-11 |title=Redbox set to close as DVD market withers in streaming's shadow |url=https://www.nbcnews.com/business/business-news/redbox-set-close-dvd-market-withers-streamings-shadow-rcna161407 |access-date=2024-12-09 |website=NBC News |language=en}}</ref>