New Release for Netflix = More USPS fallout

by John Justice | Aug 10, 2010

This is not good news for the USPS…but it’s good news for Netflix users. Netflix just signed a deal with a consortium of movie studios that increases Netflix’s access to 46% of newly released movies. And with that, the USPS will start to see a fairly significant chunk of their $600 million cash cow decrease.

As I mentioned in a previous blog, Netflix management has tried to use this large chunk of cash currently paid to the USPS for awhile now. Apparently, the studios finally understand that the 3D/IMAX hysteria which has ballooned Hollywood revenues will not continue indefinitely.

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New Release for Netflix = More USPS fallout

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