Financial guru and former WWE Champion John "Bradshaw" Layfield
suggested on his Twitter today that the whole Netflix/Qwikster split
may have been a hoax in the vein of the conspiracy theorist take on
"Classic Coke."

Thoughts?

@JCLayfield: RT @LayfieldReport: Netflix abandons unpopular plans to
spin off DVD by mail and rename it Qwikster. Sounds like Coke Classic.


On Oct 10, 9:13 am, Jason Service <[email protected]> wrote:
> From the article:
>
> "Netflix faces pressure from Hollywood studios and cable programmers to pay
> more for streaming content. Negotiations with Liberty Media's Starz were
> recently called off because the two sides could not reach an agreement on
> pricing terms.
>
> The company also faces competition from Amazon.com, Hulu and others."
>
> And that's the crux...NetFlix had a product, or rather, they owned the
> distribution rights to a product, that was thought of as nearly valueless
> (streaming content) by the studios. They took those distribution rights and
> and just absolutely wrung every nickle they could out of it while creating a
> new marketplace, and all the while the studios had to sit idly by watching
> another unseen revenue stream make another company a fortune. Now the rights
> for the streaming has come due and the studios are going to beat NetFlix
> unmercifully. If NetFlix gets to keep even 50% of the streaming rights they
> have had in the past i would be shocked. Every studio can set up a site that
> allows you to stream their material for say, $1 a piece and that's may be
> all she wrote for NetFlix.  Online movie rentals from the studios...they
> don't need a middleman like NetFlix or Amazon.
>
>
>
> On Mon, Oct 10, 2011 at 8:47 AM, <[email protected]> wrote:
> >  Thanks goodness.  I really wish this nonsense would settle down.  I'm not
> > bothered by the price increase really.  So I'd rather just pay a little more
> > and get things back to normal.
>
> > The Irredeemable Shag
> >http://firestormfan.com
> >http://onceuponageek.com
> >http://twitter.com/firestormfan
>
> >  -------- Original Message --------
> > Subject: [The Unique Geek] Netflix backtracks, admits "our bad"
> > From: Cary Preston <[email protected]>
> > Date: Mon, October 10, 2011 8:44 am
> > To: Unique Geek Google Group <[email protected]>
>
> > They are reversing the ridiculous Qwikster decision and re-merging their
> > product lines:
>
> >http://news.yahoo.com/dvds-stay-netflix-website-qwikster-name-dropped...
>
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