Netflix CEO: No plans to sell DVD division
LOS ANGELES (Reuters) – Video rental company Netflix Inc has no plans to sell its DVD division, Chief Executive Reed Hastings said on Monday during a conference call with analysts. Some industry analysts have speculated Netflix might sell the DVD unit as it turns into a company that streams movies and TV shows to Internet-connected televisions and devices. (Reporting By Lisa Richwine; Editing by …
April 24, 2012
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