DMNews has an excellent summary of the controversy about the U.S. Postal Service Inspector General report about DVD mailers, Netflix Facing USPS Scrutiny.
In their report, the Citigroup analysts state that Netflix is not identified “but is implied” in the audit. The USPS Office of the Inspector General would not confirm that the disk mailer referred to in the audit report was Netflix.“We do not release that information,” said Agapi Doulazeris, spokeswoman for the USPS Office of the Inspector General.
Netflix is constantly reevaluating its mailing format, said Steve Swasey, VP of corporate communications for the company.
“The report is speculative,” said Swasey. “If we have to change the mailer, we'll change the mailer.”
The mailer has already gone through 40 or 50 iterations within the past decade, he noted, adding, “It's something we're always improving.”
So, is Netflix going to see an immediate price increase? "When asked if the USPS planned to act on the recommendations made in the audit, Dave Partenheimer, a USPS spokesman, responded “not at this time."
As mentioned in one of the earlier posts, the OIG audit makes recommendations. The business group had no plans to follow through on the recommendations.
This was just a scare tactic on the part of Citi's Wible to attempt to boost a stock that he is toting, while nipping the competition. I am so glad the street saw through this!
Posted by: | December 20, 2007 at 12:20 PM
Also, the current envelopes are IN COMPLIANCE with current USPS regulations.
Posted by: noe638 | December 20, 2007 at 12:21 PM
"...“We do not release that information,” said Agapi Doulazeris, spokeswoman for the USPS Office of the Inspector General..."
Agapi Doulazeris ... now there's affirmative action at work for you ...
Posted by: PizzaPizza | December 25, 2007 at 10:36 PM