San Francisco – Netflix’s (NASD: NFLX) payments to the movie studios and
TV networks for the rights to stream their content were $116 million for the
first half of 2010, up from $31 million, CNET News.com reported. The company
was able to increase its payments to content providers without raising prices
on subscribers in part through savings in its DVD business. The company spent
$61 million to acquire DVDs in the first half of 2010, down from the $89
million from last year.
Related Links:
http://news.cnet.com/8301-31001_3-20012024-261.html
