DVD by mail

Netflix CEO Apologizes, Divides Company

In an open apology to Netflix customers, CEO Reed Hastings took the blame for the price hikes and service changes that generated such negative reactions. He also announced that Netflix was splitting its DVD-by-mail business off under a new name: Qwikster.

Should Netflix Stream Its Video Business Into the U.K.?

Netflix is enjoying a period of rapid expansion, riding on the popularity of DVD-by-mail and online video streaming. The question for investors is: What's next? Netflix has signaled that it plans to expand abroad, and the U.K. is a likely target. But is Britain ready for Netflix?