Tag: Reed Hastings
-
Netflix Price Increase to Effect Joining Members Only
After recently trialling new price structures in the United States and Ireland, streaming service Netflix has announced it will be boosting subscription fees for joining customers. Netflix CEO Reed Hastings revealed the price hike in the company’s quarterly earnings report stating “Our current view is to do a one or two dollar increase – depending…
-
Netflix Axes New Qwikster DVD Rental Service after 3 Weeks
Just three weeks after announcing it would split its Mail Rental DVD service and video streaming site into separate entities, Netflix has decided to axe Qwikster, the proposed DVD rental side of the business. Netflix CEO Reed Hastings has again taken to his blog to address the issue, with a new post entitled “DVDs will…