Qwikster

Netflix's plan to split-up the company was short-lived, with CEO Reed Hastings announcing on Oct. 10 that it is abandoning Qwikster.

"It is clear that for many of our members two Web sites would make things more difficult, so we are going to keep Netflix as one place to go for streaming and DVDs," Hastings said on the company's blog.

As a result, Netflix said it will keep the company intact, with just one Web site, one account and one password to access both rental ques.

This comes less than a month after the company said it was separating its DVD-by-mail service called Qwikster and leaving the streaming division under the Netflix banner. Hastings made the announcement as part of a mea culpa on the company's blog regarding the recent price hike.


Power Outages

Streaming power outages have plagued Netflix over the past several months.

Most recently, the company experienced another multi-hour streaming outage on Oct. 9

The company's tech Twitter feed, NetflixHelps, is littered with posts regarding streaming outages. Scrolling through the feed, it appears Netflix has dealt with numerous outages over the last several months.

Netflix saw a streaming outage on Oct.1, Aug. 25, intermittent streaming problems on Aug. 22, and a multi-hour outage on Aug. 9.

>Dropping Netflix? Here Are Your Options

The company went so far as to offer a 3% credit to customers impacted by a service outage on July 17.

If you liked this article you might like

7 Essential Rules for Investing in Tech Stocks

Politics Hang Heavy Over FCC's Review of Sinclair-Tribune Media

Microsoft's New Xbox One X Shows It's Done Trying to Please Everyone

Cord Cutters Aren't Just Leaving Pay-TV Because of Price

Netflix Shares Could Rise 16% on Big Boost in Subscribers