Netflix splits and Creates Qwikster: Poor Decision?
Netflix hasn’t been having a good time as company as of late. After announcing a price hike, Netflix stock took a steady beating. In fact, at the time of this writing, the company stock is half as valuable as it was this past July. Netflix decided on the price change after realizing that its ability to stream video is a much more profitable business model and renting DVDs by mail is nearing its end.
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