Categories
Business

Killing the Web; Netflix

Wired: “During peak hours — after dinner time until around midnight — Netflix already accounts for somewhere between 20 and 30 percent of all US Internet traffic. So what will happen to the Internet if the 14 million Netflix subscribers who send and receive DVDs via the mail suddenly start streaming everything they watch?”

What happens indeed. Be ready for prices to skyrocket.

Categories
Movies

Netflix by Mail now Qwikster

Netflix Blog: “So we realized that streaming and DVD by mail are becoming two quite different businesses, with very different cost structures, different benefits that need to be marketed differently, and we need to let each grow and operate independently. It’s hard for me to write this after over 10 years of mailing DVDs with pride, but we think it is necessary and best: In a few weeks, we will rename our DVD by mail service to “Qwikster”.”

Qwikster? All of the good names must have been taken?