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Netflix kills plan to split off DVD rentals

Netflix kills plan to split off DVD rentals

Netflix is abandoning its widely panned decision to separate its DVD-by-mail and Internet streaming services because it would make them more difficult to use.

Senh: Props to Reed Hastings for listening to his users and reversing the two site decision. It takes guts to admit that you're wrong to the world. Together, DVD plus streaming, makes Netflix a much better proposition. They're also the only company that's able to do this. It differiates them from the competition.

 

Netflix Buyout Would Need To Top $200 To Make Sense

Netflix Buyout Would Need To Top $200 To Make Sense

An analyst from Wedbush recently speculated that Netflix separated its DVD business to open doors for potential acquisition of the company by Amazon. Our price estimate for Netflix stands at $195, implying a premium of about 50% to the market price.

 

Netflix, DreamWorks in Streaming Deal

Netflix, DreamWorks reached a multi-year deal to give Netflix exclusive rights to first-run feature films and television specials for video streaming.

Senh: I'll give this front page spotlight since it's getting more mentions than Amazon's deal with Fox.

 

Discovery CEO Calls Netflix Pact a 'Win'

David Zaslav, CEO of Discovery Communications, called his company's licensing pact with Netflix an 'economic win' and also said there's a disconnect between the strong advertising market and the overall economic malaise.

 

Media Decoder Blog: Netflix Strategy Prompts Backlash

The company’s decision to split into two businesses has customers complaining that it is treating them badly.

 

Qwikster: Netflix To Split DVD Service Into New Business

Qwikster: Netflix To Split DVD Service Into New Business

In a post on The Netflix Blog that went up Sunday night, the company's CEO, Reed Hastings, announced that Netflix would split its DVD-by-mail service and its streaming-video service into two companies. The new DVD-only company, called "Qwikster," will be completely separate from the streaming business. Hastings also expressed contrition for the way the company rolled out its recent price hike, which alienated many customers.

Senh: Not sure about the name. It sounds like Friendster rip-off site. Separating the two services into separate companies will allow each to focus on their strengths. Although now, it seems like the streaming service is growing a lot faster than the DVD/Blu-ray service.

 

Netflix lowers subscriber forecast, shares fall

Netflix lowers subscriber forecast, shares fall

Netflix Inc. lowered its expectations for U.S. subscribers for the third quarter by 4 percent on Thursday, just weeks after separating its DVD and streaming services, which increased...

 

Amazon in talks to launch digital book library: WSJ

Amazon in talks to launch digital book library: WSJ

Amazon.com Inc is in talks with book publishers about launching a media library service similar to Netflix Inc for tablets and other digital books, The Wall Street Journal reported on Sunday.

 

Report: Sprint To Offer iPhone With Unlimited Data Plan

Report: Sprint To Offer iPhone With Unlimited Data Plan

Addicted to Netflix on your mobile phone? Good news, then. Sprint will not only get Apple's next iPhone handset, it has a plan to use it to peel users away from larger rivals AT&T and Verizon: unlimited data for $99.99 a month, Bloomberg reported Friday. Sprint's rivals now charge extra for data service.

 

[Updated] Netflix clamps down on account sharing; additional streams now cost a premium

If you're a seasoned Netflix instant streaming user, it may surprise you to know that the company has always had an official policy of limiting the number of simultaneous streams you're using. Now, Netflix has made that policy more concrete by producing an error message if you attempt to access your streaming account when it is already in use.

 

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