Netflix signed a new deal today, bringing the original series of the CW to its streaming service for the next four years.
Remember how Netflix was going to split its DVD-by-mail business off into its own company, called Qwikster? Yeah, so that's not happening now.
Sniff! Sniff! I smell failure. Tech failure. I smell — sniff, sniff — the picture fading at Kodak. BlackBerry fans ready to don black. Acer about to be broken. Motorola's cellphone business filled with static. Digg digging its own grave. Netflix jettisoning its DVD business from the streaming ship. While this picture is admittedly overly grim, I know a little about tech flameouts — I was part of two of them. One was as an owner/founder of E/Town, a one-time competitor with CNET, but which died from a number of ills on Valentine's Day 2001; another was as sports editor (a former life) for WOW!, Compuserve's ill-advised Prodigy-like online family service, in 1996. (More on Prodigy in a bit.) In the meantime, you could fill Arlington many times over with the number of companies that have flopped spectacularly, many way too soon. I'm not going to examine the whys, though one could easily fire off a half dozen common causes for tech company collapses: over-expansion too soon misguided "improvements" or changes founder CEOs ill-equipped to manage a large company an established company unable to adapt to new technologies or too big to compete with agile new competitors a product produced either before its time or too late the loss of a charismatic founder Here are some sad stories of a few of my own "favorite" — used bittersweet — tech flops whose demises I've covered in the past.
Netflix has just signed a two-year deal with Discovery Communications, making every week Shark Week for subscribers to the beleaguered streaming service.
Jason "Qwikster" Castillo loves gangster-themed iOS games, "sparking up," and playing soccer to stave off boredom — which he was about to go do, but as of 21 minutes ago he was just stung by a bee. Netflix, please don't buy this Twitter account.
A lot of customers have voted with their wallets since Netflix separated out the pricing for its streaming and its discs-by-mail services, but now in a totally unexpected move the company has decided to rebrand the DVD mail service as a separate entity called Qwikster.
Apparently people weren't messing around when they were complaining about Netflix's recent price hikes: Netflix says the company expects to lose one million customers because of the pricing change. One million!
Bad news for Netflix: Starz has said that it's not renewing its huge content deal with Netflix, meaning that they'll be yanking all Sony and Disney movies from the streaming service next February.
Netflix has been working on a separate section of its website designed for use by kids, with a kid-friendly UI full of kid-friendly content.
Just as everyone is busy venting their frustration at the Netflix price hikes, Blockbuster had decided to hang out a carrot in an attempt to woo some customers their way.