Monday, October 10, 2011

Qwikster Dies a Qwik Death

USA Today reports that Netflix has responded to a public outcry against spinning off its DVD-rental operation by smothering Qwikster in the cradle. They could not help but take notice of the fact that Netflix stock dropped in value by 60% since their latest change.

"It is clear that for many of our members two websites would make things more difficult, so we are going to keep Netflix as one place to go for streaming and DVDs," says a statement from CEO Reed Hastings in a post on the official Netflix blog....

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