Wednesday, 21 September 2011

Netflix spins off its DVD-by-mail service as Qwikster

Netflix CEO Reed Hastings sent a letter to subscribers on Monday, admitting he "messed up" and announcing that it would spin off its DVD and Blu-ray-based mailing business as a new service dubbed "Qwikster."

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Source: http://feeds.appleinsider.com/click.phdo?i=9b730b8655adb2d7394829cf5d9bbe4c

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