Nightly News   |  October 10, 2011

Netflix drops Qwikster

Bowing to an outcry from its customers, Netflix is dropping a plan to spin off its DVD service into a new company called Qwikster. NBC’s Brian Williams reports.

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This content comes from a Full-Text Transcript of the program.

BRIAN WILLIAMS, anchor: Consumers spoke. Netflix listened. They've caved into pressure against their new plan to put their DVD business on a new website named Qwikster . They now say they will stay in one piece and they are done with the price hikes.