So Netflix is offering video downloads to customers' computers to match competitors such as iTunes, and the online DVD rental store will lose money on the initiative. No surprise there. But here's a data point which I had missed: the company reckons the new service will cost — gulp — $40m a year, according to the New York Times.
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In Brief
The astonishing cost of movie downloads
So Netflix is offering video downloads to customers' computers to match competitors such as iTunes, and the online DVD rental store will lose money on the initiative. No surprise there. But here's a data point which I had missed: the company reckons the new service will cost — gulp — $40m a year, according to the New York Times.
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