NETFLIX CHANGES: 60-Second Summary

"rebel yell" by plasticrevolver. 2006. Courtesy of Flickr/Creative Commons.

Netflix wants to retain customers:

• Video games by mail 
• More streaming content 

Netflix wants to save money:

• Separating services (Netflix for streaming, Qwikster for DVDs and Games by mail) 
• No Starz movies
• Two price hikes in 2011 

Inconvenient Ripples

• Ratings and Reviews will be separate on the two sites 
• You won't be able to see what is available by DVD/Streaming on one screen 
• Video games service costs more 

Questions to Ask

• Why a new name? 
• Are they going to sell Qwikster? 
• Will there be more price hikes? 

And that is all you need to know.