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Duh…

Netflix Streaming Margins Are 11 Percent, DVD Margins Are 52 Percent

Out of Netflix’s total $847 million in revenues last quarter, $476 million came from streaming and $370 million came from DVD rentals (the remainder came from international). The streaming business also twice as many subscribers: 21.7 million versus 11.2 million. But the DVD business contributed the vast majority of Netflix’s profit: $194 million versus $52 million.”

I wrote about this last summer.