reply to jims2321
Re: Netflix not so smart?
said by jims2321:They are writing off DVD by mail business by renaming it and spinning it off. This is a purely financial move to get that business off the books of Netflix so that as DVD by mail is killed off it won't drag down the Netflix stock price. All the pretty words by Netflix's CEO is nothing but a smokescreen for the investors.
This really is going to impact their business.