Tuesday, October 11, 2011

Netflix Drops Plans to Split Streaming and DVD Services

So...after a lot of people called the idea to spin off the two services and have some stupid name like Qwickster, Netflix has gone back to their old ways and cancelled the whole deal. Gee I wonder why. Maybe it's because streaming is too limited, and people still need DVDs?

I haven't used Netflix in probably a year, but when I did the streaming just wasn't good enough. If you want to watch old movies, or some older TV shows it's not a bad deal. For those that want to rewatch classics they have seen many times it may have been great. For me I go by the philosophy that there is so much entertainment to watch now that it makes little sense for me to watch anything several times.

The surprise reversal, coming three weeks after the plan was disclosed, follows the company's unpopular 60% price hike in July for subscribers who watch both DVDs and online video.

The changes led the Los Gatos, Calif., company to predict it would lose 600,000 U.S. subscribers for the third quarter, instead of gaining as many as 400,000 as it previously forecasted. Might be time to branch out and start selling restaurant equipment too.