Netflix splits in two after unpopular price hike

Diane Alter – AHN News Reporter Los Gatos, CA, United States (AHN) – Late Sunday Netflix announced it plans to split its DVD-by-mail service from its movie-streaming business. The movie-streaming business will retain the name Netflix. The DVD-by-mail service will be renamed Qwikster. CEO Reed Hastings said the move is the result of customer angst…
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