netflix

Netflix May Have to Pay $100,000 for Qwikster Twitter Account
Netflix May Have to Pay $100,000 for Qwikster Twitter Account
Chances are good at least one “d’oh!” was uttered in at least one Netflix conference room Tuesday morning. It seems the company, which on Monday announced it would split up its service and rebrand the DVD-delivery side Qwikster, neglected to lock up the name on Twitter. Now Jason Castillo, who’s owned the @Qwikster name on the microblogging service since April, wants money — big money — to hand it
Netflix CEO Apologizes for Rate Increase, Announces Company Will Split Into Two Divisions
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.”