Netflix is launched as an internet DVD rental service.

DVD is a digital optical disc data storage format. It was invented and developed in 1995 and first released on November 1, 1996, in Japan. The medium can store any kind of digital data and has been widely used to store video programs, software and other computer files. DVDs offer significantly higher storage capacity than compact discs (CD) while having the same dimensions.

A standard single-layer DVD can store up to 4.7 GB of data, a dual-layer DVD up to 8.5 GB. Dual-layer, double-sided DVDs can store up to a maximum of 17.08 GB.

DVD-R bottom-side
DVD-R bottom-side (Source: Wikimedia Commons)
Schouhamerimmink
Schouhamerimmink (Source: Wikimedia Commons)
PS2-Fat-Console-Set
PS2-Fat-Console-Set (Source: Wikimedia Commons)
Netflix UI for Web
Netflix UI for Web (Source: Wikimedia Commons)

Sources and further reading: Wikipedia — DVD, Netflix (CC BY-SA). Images: Wikimedia Commons.