Netflix Cancels Qwikster

Hey, remember when Netflix CEO Reed Hastings apologized to everyone and it was mildly refreshing but then he said he would be splitting up the Company and that didn’t make any sense. Well, looks like Monsieur Hastings is back to apologizing and restructuring his firm, canceling the decision to spin off DVD mailing operations into a new company. Perhaps he realized that the name Qwikster is stupid?

Anyways, this decisions doesn’t reverse the price increase that Netflix put in place in July so everyone will remain pissed off at the Company. Hastings does promise no more price increases, but really no one believes that.

Whatever, Reed you can keep your services, I’m switching to Blockbuster Express. *Puts on headphones, turns on Zune, slips on banana peel*

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Posted on October 10, 2011, in Serious Topics and tagged , . Bookmark the permalink. Leave a comment.

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