Re:Reed Hastings responds to criticisms and announces Qwikster
by Lewisham on Monday September 19, 2011 @12:58AM
(#3012337)
Kind of glad to see video game rentals coming; too bad they're late to the party and will have to compete with Blockbuster, Gamefly, and Redbox.
All of these services have trouble. Blockbuster has a tarnished name (and I personally have never used the service), Gamefly has poor turnaround time and stock, and Redbox has awful stock and a high price.
Netflix/Quikster have been in a prime position to totally disrupt this for years. That they haven't pounced on it sooner has always been odd to me. It's like they consciously decided not to make money.
Re:Reed Hastings responds to criticisms and announces Qwikster
by foobarbazoo on Monday September 19, 2011 @02:27AM
(#3012570)
He's not "owing up", that's pure PR. This was hatched back in May, and it was stupid then, stupid now, and will be stupid 5 years from now when what's left of Qwikster is sold off in a fire sale and Netflix shareholders start wishing they had bought Yahoo!
Kind of glad to see video game rentals coming; too bad they're late to the party and will have to compete with Blockbuster, Gamefly, and Redbox.