Netflix Kills Plan To Split Off DVD Rentals To ‘Qwikster’
Netflix is in trouble, and panicking. I keep away from companies that can’t make up their mind..especially when my money is involved.
Netflix generates more head-scratching plot twists than a cheap B-movie.
On Monday, the company said it would reverse a previously announced decision to put its DVD-by-mail and Internet streaming services on separate websites, a plan that was widely derided by Netflix subscribers.
People will be able to use both services under one account and one password, CEO Reed Hastings said Monday in a blog post.
Netflix Inc., however, plans to stick to pricing plans introduced in June, which means subscribers are now paying separately for streaming service and mailed DVDs. That change amounted to a price increase for most subscribers.