2 ms·
Reed Hastings has on several occassions said it is about a nickel per movie. “It costs us about a dollar, round-trip, to send DVDs by mail. It costs us less th
by kenjackson 16y ago
Reed Hastings has on several occassions said it is about a nickel per movie.
“It costs us about a dollar, round-trip, to send DVDs by mail. It costs us less than a nickel to deliver by streaming.” Netflix now spends $600 million a year on the postal service [note to Jim Cramer: short USPS now!] and lots of hourly labor checking DVD quality.
http://newsonomics.com/reed-hastings-six-lessons-for-the-newspaper-industry/ http://newsonomics.com/reed-hastings-six-lessons-for-the-new...