Tuesday December 11, 2007 5:14 pm
Netflix Gets Hassled by USPS
Apparently, the office of the USPS Inspector General is not happy because the mailers that Netxflix uses have to be sorted by hand. They estimate that it is costing them about $21 million a year and have suggested that the company include a 17 cent surcharge from now on. Tony Wible, a Citigroup analyst who wrote the report, says that the income that Netflix receives per subscriber would fall from $1.05 to 35 cents. We know that Netxflix, which mails out about 1.6 million movies a day, is clever enough to create a redesigned mailer sometime soon.
Read More | The New York Times
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