How much does qwikster cost

Hastings also apologized to customers for Netflix's lack of clear communication with its customers regarding the split. Last week, Netflix announced revised quarterly projections showing it was likely to lose net subscribers in the US , with the bulk of the losses coming from DVD-only accounts.

The company's recent price hikes , the impending loss of Starz's streaming content and a studio-imposed day post-release delay for new DVDs have frustrated even Netflix's most devoted customers.

Even with extra staffing, Netflix's customer service lines have been reportedly jammed with angry callers. Investors are worried about Netflix's future, too. It's possible that Wall Street might be pleased with the split; if the streaming business continues to grow, its balance sheets entirely separate from that of DVDs, it will be easier for CEO Reed Hastings to make the case that the primary company's future is bright. With this separation meant two websites, two accounts, two passwords — oh, and of course, the higher price tag.

A user named Willie Williams said it best when he commented on the Netflix blog :. As a bundled service, they supplement each other and provide the value that made Netflix wonderful. DVDs allow you to view newer releases in a fairly timely manner.

The streaming service allows for viewing of the older catalog of movies that come up when you think of it but might not be worth waiting for to arrive in the mail. These two Netflix competitors provide quicker access to new releases compared to the usual 28 day wait with Netflix.

On Monday, Netflix announced that there is no more Qwikster. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services.

Dow Jones. By Stu Woo. To Read the Full Story. Subscribe Sign In. Continue reading your article with a WSJ membership. Resume Subscription We are delighted that you'd like to resume your subscription.