Qwikster by Netflix Offers Videogame Rentals by Mail
Reed Hastings, CEO and co-founder, openly acknowledge the crushing negative feedback, saying, “I messed up. I owe everyone an explanation.”
Netflix has responded to the numerous complaints from subscribers and, of course, the plunge in its stock prices. The web-based rental and video stream company has decided to cut the two services into separate divisions in the coming weeks.
Reed Hastings, CEO and co-founder, openly acknowledge the crushing negative feedback, saying, “I messed up. I owe everyone an explanation.”
Variety reports that the company hopes the new division, called Qwikster, will help stabilize its subscriber base and restore its stock prices.
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