Qwikster

(Newser) - Netflix CEO Reed Hastings is paying the price for the price hike / Qwikster debacle that has sent the company’s share price down 75% since July. Hastings' annual stock option allowance will be cut by 50%, bringing it to $1.5 million, the company revealed in a regulatory filing...

(Newser) - Ah, Qwikster, we hardly knew ye. Probably because ye never launched, and never will. Netflix abruptly changed course today, announcing that it would not be slicing off its DVD-by-mail service into a separate site after all, Reuters reports. “There is a difference between moving quickly—which Netflix has done...

(Newser) - Unless Netflix has recently discovered a passion for pot, the @Qwikster Twitter account doesn’t belong to the company, and that's an unfortunate (and hilarious) oversight. Writing for TechCrunch , Alexis Tsotsis calls it an "immediate chink in the company’s rebranded armor, other than the fact that, like...

(Newser) - Netflix CEO Reed Hastings certainly sent tongues wagging when he announced last night that Netflix was spinning off its DVD business into something called "Qwikster." Was the move visionary or boneheaded? Here’s what people are saying:

• Hastings’ post “feels like yet another failure to communicate,”

...