Netflix Adds 3 Million Streaming Customers – Loses a Million Disc Subscribers

[TheDickWard]

Despite the loss in those subscribing to disc-by-mail, that side of the company brought in $146 million.

http://www.engadget.com/2012/04/23/netflix-q1-results/

[thaggas]

I doubt they are losing any sleep about this. The sooner they get away from the high overhead of physical media and postage rates, the sooner they can start seeing some truly staggering profit.

[fitprod]

I doubt they are losing any sleep about this. The sooner they get away from the high overhead of physical media and postage rates, the sooner they can start seeing some truly staggering profit.

Yeah, that's why the disc business it the only segment generating any profits for them... Oh, wait...

fitprod

[thaggas]

$110 million in profit from streaming in the last quarter is nothing to sneeze at.

[ivan_fred]

I use and enjoy both services. I have watched more than a few good foreign films via streaming, all in quality HD.

[fitprod]

$110 million in profit from streaming in the last quarter is nothing to sneeze at.

Um... Where did you get that number? It was only $67 million in the US... Which was completely eaten up by their international expansion.

fitprod