September 30, 2014
SAN FRANCISCO (AP) - Netflix won't miss Saturday mail delivery, even though the weekend service helped keep the company's DVD-by-mail subscribers happy.
The U.S. Postal Service's planned shift to reduce home delivery to five days a week instead of six might even make Netflix Inc. slightly more profitable by lowering the costs for sending out its familiar red envelopes with DVDs. That's because subscribers may be able to watch fewer DVDs for the same monthly price.
It might have been different if Saturday mail service had been eliminated three years ago, when idea was first broached.
Back then, mailing DVDs was still Netflix's main business. But Netflix's DVD subscribers have shrunk from a 2011 peak of 24. 6 million to 8.2 million as more people pay to watch video streamed over the Internet.
Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.