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Old October 10 2011, 02:45 PM   #321
Fleet Captain
Re: Netflix shoots itself in the foot... aka no more free streaming

I can no longer tell if I'm reading The Onion.

Abandoning a break-up plan it announced last month, Netflix said Monday morning that it had decided to keep its DVD-by-mail and online streaming services together under one name and one Web site.

The company admitted that it had moved too fast when it tried to spin-off the old-fashioned DVD service into a new company called Qwikster.

“We underestimated the appeal of the single web site and a single service,” Steve Swasey, a Netflix spokesman, said in a telephone interview. He quickly added: “We greatly underestimated it.”
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