ABC, Lovefilm Execs Scratch Heads At Netflix’s Split

Reed Hastings

Netflix’s decision to divide its DVD and streaming operations is being treated as a joke and a shot in the foot by some observers.

CEO Reed Hastings’ blog post announcement has got over 11,000 comments within 14 hours.

The COO of Amazon’s European Netflix equivalent, Lovefilm, says…

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Lovefilm is in the same boat. It must manage down its DVD and game rental business whilst putting eggs in its streaming basket. Both Netflix (NSDQ: NFLX) and Lovefilm have relatively small online catalogues. Lovefilm product director Simon Waldman, who has, quite literally, written the book on how businesses undertake massive transition, says…

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Meanwhile, Albert Cheng, the digital media EVP and chief product officer of Disney-ABC (NYSE: DIS) Television Group, which has licensed shows to Netflix, is confused…

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First Round Capital VC Josh Kopelman turns back on Netflix CEO Reed Hastings his suggestion that AOL (NYSE: AOL) should split its dialup business in the same way.

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