Netflix cans Qwikster, service staying whole

Netflix CEO Reed Hastings announced this morning that Netflix will not be splitting into two separate services as planned. The news comes less than a month after the company's stock went into freefall following its announced split into disc-based and streaming entities named Qwikster and Netflix, respectively.

[BLAKHOODe]

Stop playing with my emotions, Netflix.

[Drekken]

What an embarrassment. Nextflix stock holders should can this guy.

[M-Easy]

I just want to know if my gamefly account is gonna have some competition. Detail the the games service dammit.

[Drekken]

I read they are "unsure" if they will continue with gaming plans, which probably means - No competition for Gamefly just yet. You can always check out Blockbuster.

Right now Redbox is just not a feasible way to rent games... its just too expensive at $2 a day. How fast a rental turns into 7 days and your $14 in the hole. 8 more bucks and you have a whole month from Gamefly.

[archemides518]

gamefly is just too expensive, if i'm payin 20-30 a month i might as well just buy another game. redbox is the way to go for quick plays and just to test out, but their selection isn't the greatest...but not bad as well.

[ReservoirDog316]

@ Luna

There's smarter ways to use gamefly. If you get recommended by a friend, you cam get 3 months of gamefly for $17. It's a ridiculous deal if you know how to use it right.

On topic though, jeez Netflix. Get your head on straight.

[pinkyxyz]

..............that is all

[kma2k]

So i assume this means they are forgetting the games aspect. I was totally for the idea of putting pressure on gamefly! Dammit!

[TBONEJF]

Thank goodness. The name sounds kinda dumb and i dont want to pay 1$ a day like red box does. Im happy with my Nextflix subcription. I got rid of my streaming option because their are not enough movies or tv series you cant stream online. So i wish people can stop complaining bout the price hike. Id u dont like it just change. And Nexflix themselves says its getting expensive for them to stream content.

[Asthenos]

There are actually some decent shows considering they had a deal with AMC so they brought over Breaking Bad and Mad Men and more recently The Walking Dead and they also have Futurama,South Park etc. so that is well worth the money on it's own, but if not there is always just abusing the two-week/one-month trial period over and over

[TBONEJF]

But that's the only good shows they have to stream. I'm talking bout older shows from early 90s and 80s that they don't have in streaming content.

[B_Rian89]

i had a strong feeling this would happen especially since we haven't heard anything about Qwikster since the announcement. i hope the still bring video games to Netflix

[Solidus187-SCMilk]

it doesnt surprise me at all, with so many people dropping them. I think alot of it has to do with the increased price. My mom told me she was probably going to cancel her account because they keep raising the price and adding NOTHING. She didnt even know that they had been planning to split, all she knows is that their price keeps increasing and yet they still have a poor streaming selection and she pretty much always has to get the bluray or DVDs because after the first month your pretty much out of good stuff to watch on streaming, and they have a very poor selection of stuff added t ostreaming.

I think they realized that their streaming content was not nearly good enought to have people paying for only streaming. I think if they had gone down this path then quickster would end up bigger than netflix and I dont think they wanted that.

Because if you want a new movie, its gonna be DVD or bluray no chance in hell a decent fairly new movie will be on streaming any time soon after it comes out. Its clear to netflix and their customers that their streaming service gets old fast and would not keep customers happy for long if they cant also get access to the much larger selection with DVD and bluray.

edit- really?? those are interesting stats. Id assume that most of their people have both tho still. But I think the streaming was great for a bit, but their selection is pretty poor and after a while I ran out of interesting things to watch. IMO its useless to have a streaming only account unless all you do is watch old seasons of TV shows and stuff, I dont TV sucks mostly, I only watch sports on TV pretty much.

So to get decent or new movie you pretty much need to get it in the mail. Im surprised there are that many people with streaming only, WTF are they watching. Im guessing TV shows, they do have alot of seasons of those on there for one thing I guess.

[archemides518]

their streaming library sucks, but they claim they have 8 million streaming-only subscribers and 2 million disc-only subscribers. but people are not known to be that intelligent.

[n4gisatroll]

They finally put The Wonder Years up. A few days ago. Can't wait to finally rewatch it all, gotta finish The X-files too.

[Yo Mama]

Now give me back my 1 disc out at a time + unlimited streaming for $9 a month and I MAY decide to restart my subscription.

[El_Colombiano]

AND keep Stars!

[TheHardware]

Which almost proves that move was just for profit and not a necessity, and yes I know businesses are supposed to make every profitable move to grow a company, but as we all saw, this wasn't one of those moves.