Netflix CEO Reed Hastings probably wasn’t prepared for the earful (or Internetz-full) he received last month when he announced plans to spin-off Netflix’s DVD rentals into a new company called Qwikster. “It is clear that for many of our members two websites would make things more difficult,” he wrote in a blog post today. “So we are going to keep Netflix as one place to go for streaming and DVD s.” Read on for more flip-flopping, and rejoice?
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Qwikster is Dead; Long Live Netflix?
