Netflix Splitting Into Two Companies, Netflix For Streaming, Qwikster For DVDs & Games

Because everyone was all, "oh no you di-in't!" when Netflix announced their price-hike, the company has decided to split into two parts in a feeble attempt at damage control. The streaming company will still be called Netflix, but the DVD-by-mail portion will now be known as Qwikster, and will soon incorporate a video game upgrade option but NOT a price downgrade option. No word if they plan on rolling out a "curtained back of the rental store" porn service, but I'm not touching those discs if they do. Well, not without my gauntlets on anyway.
Check out full coverage of the story over at IWATCHSTUFF.
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Because Netflix has been making virtually every business decision recently based on which option would be best to alienate their customer base, the movie-renting/streaming giant successfully announced the loss of 800,000 of their popcorn-crumbed consumers this quarter, sending th... / Continue →
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So Netflix has decided to bail on the idea of splitting the company into two separate streaming and DVD-by-mail entities. Why? I assume because they've finally committed to making smarter business decisions. LOLOL! Ooooor the Magic 8 Ball they've been using to run the compa... / Continue →
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Note: I cut the thread to prevent the homepage from being a mile long, click the jump to see the whole, worthwhile thing. This is a /b/ thread from 4chan documenting a user's discovery of a grenade in the forest. It's amazing. I love how nobody gives a shit what happens to th... / Continue →

