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Getty Images Latam, Getty Images
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Netflix Scraps Idea for Qwikster DVD-by-Mail Service

Netflix has been doing so much backpedaling lately, it’s surprising the company hasn’t adopted a bicycle for its logo.

In the most recent reversal, Netflix announced Monday that it’s scrapping a plan to split its streaming and DVD-by-mail services into two different companies and would instead keep both under the Netflix name. The abandoned idea would’ve seen the mailed DVD service take on the name Qwikster, with a separate website and separate billing.

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Category: Business, Finances Tags: ,
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Netflix Customers Upset About Drastic Price Hikes

DVD-by-mail and digital streaming service Netflix has announced a new pricing structure, and its customers are doing the metaphorical version of booing and throwing popcorn at the screen.

People who currently pay $10 for one DVD per month plus unlimited digital streaming will see rates jump to $16, while those who get two DVDs plus streaming will have a new rate of $20, up from $15. The price increases take effect September 1 for existing customers. New subscribers will pay the new prices immediately upon sign-up.

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Category: Movies, Videos Tags: , ,

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