This item below illustrates the problem with the Internet. It is a wonderful way to publish but a difficult way to make a living. The download approach to movie distribution is on its way and once again the U.S. Mail will be abandoned. Just removing postage costs from Netflix business would do wonders.

Netflix reports Q1 loss Online DVD-rental company Netflix said its first-quarter loss widened to $8.8 million, compared with a net loss of $5.8 million a year earlier. Although revenue increased 54% over the same period, the cost to acquire customers rose.

Posted by Dale Cripps, April 22, 2005 12:51 PM