Netflix pulls plug on Qwikster

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Netflix has pulled the plug on a change that would move it’s DVD-by-mail service to a separate company named “Qwikster.” This change was put into place Monday after countless user complains and a steep decline, almost sixty percent in just three months, in stock price.

The second company/website would have caused people to maintain a completely separate account and billing for the same DVD-by-mail service.

Netflix says the price increase implemented in July will be here to stay, however. There is no word on whether this will affect plans by the company to add mailed video games to the service.

[via Netflix Blog]
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