Update: Netflix Divides Company

Holden McGinnis, Science/Tech Editor

After the rapid drop in their stock, Netflix CEO Reed Hastings has announced the split of Netflix into Netflix and Qwikster. The DVD mailing service is now Qwikster, a separate service that now offers video game rentals as well. The streaming will continue under its original name, on a separate website from Qwikster. This decision follows the general belief that streaming is the future of visual entertainment by allowing users to subscribe purely to one service. The integration of video game rentals has been a long-requested feature, and allows Qwikster to compete with similar companies like Gamefly. Hopefully, this move will lead to the resurgence of Netflix’s stocks after a very ugly couple of weeks.