Many frugal consumers swear by Netflix. It’s cheaper than cable or satellite. It’s efficient. And it’s fast.
The company netted $115.9 million last year, and the service found its way into the homes of 12.3 million subscribers nationwide. Money is rolling and all is well. But, the United States Postal Service’s continuing financial problems — it lost $3.8 billion last year — threatens to throw a ringer into Netflix’s profits, according to MSNBC.com.
The Postal Service could soon stop Saturday mail delivery. Plus, postage prices have gone up four times in the last five years. In short, it’s costing more for Netflix to do business. That, in turn, may eventually cost consumers more to have a steady stream of red envelopes arriving in the box all week long. Speaking of streaming, plenty of Netflix customers have elected to view the movies via streaming video, and while it doesn’t involve the Postal Service, it does mean costs in licensing fees, the MSNBC.com story