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Getty Images Latam, Getty Images
Getty Images Latam, Getty Images
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Netflix Scraps Idea for Qwikster DVD-by-Mail Service

Netflix has been doing so much backpedaling lately, it’s surprising the company hasn’t adopted a bicycle for its logo.

In the most recent reversal, Netflix announced Monday that it’s scrapping a plan to split its streaming and DVD-by-mail services into two different companies and would instead keep both under the Netflix name. The abandoned idea would’ve seen the mailed DVD service take on the name Qwikster, with a separate website and separate billing.

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Category: Money, Movies Tags: ,
Justin Sullivan, Getty Images
Justin Sullivan, Getty Images
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Netflix CEO Apologizes for Rate Increase, Announces Company Will Split Into Two Divisions

In the wake of unpopular rate increases that caused customers to cancel subscriptions in droves and resulted in the company stock nosediving, Netflix CEO Reed Hastings apologized in a blog post on Sunday.

“I messed up,” he said. “I owe everyone an explanation … In hindsight, I slid into arrogance based upon past success.”

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Category: Money, Movies, Technology Tags:
Justin Sullivan, Getty Images
Justin Sullivan, Getty Images
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Tennessee Makes Sharing Netflix Passwords Illegal

As of July 1, it will be a crime in the state of Tennessee to use somebody else's login information on sites like Netflix and Rhapsody.

While the legislation is primarily aimed at hackers who steal and sell passwords in bulk, the bill's sponsor Rep. Gerald McCormick a

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Redbox
By: Justin Sullivan Getty Images News
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Redbox Taking Over The World

For me, Redbox is changing how I watch movies.  I love the dollar rentals, convenience of no membership - I am officially hooked.  AND NOW they are ready to go online! WOOHOO!

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