The Netflix Bust

You’ve probably seen Netflix in the news recently, or as the butt of the joke on every late night comedy show. We hate to say we told you so, but – ah, who am I kidding, I told you so. In July, Netflix announced plans to separate their streaming and DVD services so that members could choose which service to keep at the same rate they had been paying, or keep both services at nearly double their rate. Many techno-bloggers and pundits explained the business sense behind the move. Some even called it a stroke of genius, with one blogger concluding, “I say we should praise...