After the Walking Dead was added to the Netflix’s streaming service, many put down their torches and pitchforks for at least six hours to watch some killer zombie fun. It seemed that Netflix was trying to bribe its subscribers with the sweetest candy; little did we know that it was just the appetizer. After crazy public outrage (and falling stock prices) the company announced on its blog that it nixed its plans to create a new company that would handle the DVD mail service. Netflix will remain one company, website, and with one bill. The price hikes will remain in place, but there will be no more new price increases (yeah, and I’m a monkey’s uncle).
In case you missed what I’m talking about:
After a decision to split the company into two separate services, Netflix for streaming and Qwikster for DVD’s (clearly their business model is based on a 4 year old’s spelling ability), thousands of people canceled their subscriptions. Not only would there have been two separate billing, but subscribers would have had to use two different websites and manage two queues. This move, added to the summer’s price hikes, was likely to shoot Netflix to the top of a future cracked.com article on the top 5 WORST business decisions ever. However, we faithful flixer’s at ihogeek are happy to announce that we’ve gone back to how it was before the dark times, before the empire (couldn’t resist).
http://blog.netflix.com/ READ OFFICIAL ANNOUNCEMENT HERE