Tag Archives: Online video rental

Netflix splits DVD, streaming services into separate companies

By Sean O’Connell Hollywoodnews.com: Netflix announced that it is dividing its business model in half, renaming its DVD rental component Qwikster and expanding that side to potentially include video game rentals. The news was announced by Netflix CEO Reed Hastings, who apologized to customers in an honest and open blog post, stating,[...]

Netflix expanding to Latin America

By Sean O’Connell Hollywoodnews.com: Netflix continues to expand. The video rental and streaming service announced plans to launch its online subscription service “in 43 countries in South and Central America and the Caribbean later this year,” according to the L.A. Times, though the release didn’t clarify when Netflix plans to expand[...]