- Your Profile
- In the News
- Box Office
- Development
- Production
- Job Market
- Calendar
|
 |
POST OFFICE SEES RED OVER NETFLIX ENVELOPES Thursday, December 6 2007 
Analysts
on
Wednesday
downgraded
Netflix's
stock
after
an
audit
by
the
U.S.
Postal
Service
determined
that
the
company's
return
envelopes
jam
automatic
sorters
and
have
to
be
sorted
by
hand.
The
postal
service
indicated
that
it
was
likely
to
charge
Netflix
an
additional
17
cents
per
envelope
to
process
them.
Netflix
ships
1.6
million
DVDs
daily.
The
17-cent
surcharge
would
therefore
cost
the
company
almost
$100
million
per
year.
Netflix
is
expected
to
redesign
its
(more)NETFLIX CAN'T GIVE AWAY $1 MILLION Wednesday, November 14 2007 
Netflix,
which
many
analysts
say
has
been
able
to
keep
ahead
of
Blockbuster
with
a
remarkable
system
for
recommending
movies
to
customers,
has
not
been
able
to
award
the
$1
million
it
promised
to
the
first
person
or
team
who
could
come
up
with
a
suggestion
system
that
was
10
percent
more
accurate
than
its
own.
But,
it
said
Tuesday,
it
has
awarded
a
$50,000
"progress
prize"
to
an
AT&T
Labs
group
who
improved
the
(more) |
|
|
Netflix hopes eventually to be able to stream movies over the Internet directly to high-definition TV sets, the online video rental company said Wednesday as it announced its first partnership to do so with South Korean manufacturer LG Electronics. "We want to be integrated on every Internet-connected device, game system, high-definition DVD player and dedicated Internet set-top box," Netflix CEO Reed Hastings told the New York Times. "Eventually, as TVs have wireless connectivity built into them, we'll integrate right into the television." (See related item in television section.)
