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Netflix CEO gets $1.5 million pay cut, stocks remain low
- Netflix CEO, Reed Hastings, got a lump of coal this Christmas as the company's board chose to halve his stock options. Hastings has been at the helm while mismanagement of the company is widely attributed to the exodus of both…
Netflix calls off Qwikster plans, DVDs staying at Netflix.com
- Less than a month since making the official announcement, Netflix is calling off plans to divide its streaming and DVD-by-mail services into two separate entities, its co-founder and CEO Reed Hastings revealed today in an emailed statement.
Netflix splits business in two, DVD-by-mail renamed Qwikster
- Netflix is moving to formally separate its DVD-by-mail rental service from its video streaming business, as announced back in July. The former will now be called Qwikster and should be accessible through a separate website, while the streaming business will…
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