Qwikster Archive

0

July 13: 90 Years of Hollywood Sign, Netflix Splits DVD – Streaming

Hollywood

Hollywood

1923 – HollywoodLand Sign is dedicated to the people in Los Angeles CA. The sign was shortened to Hollywood where it stands overlooking LA.

2011 – CEO Reed Hastings announced a bombshell that, in turn, brought on Netflix’s single worst year ever. He announced that they were splitting Netflix streaming from DVD rentals. With that, the price would be doubled – $8 for 2 DVD rental plan and $8 for streaming. If you were an existing customer, you would be grandfathered in until September. This news caused their stock to fall, which continued when Hastings announced the DVD division was to be rebranded as Qwikster, and sold (which, of course, didn’t happen).

Meanwhile, in 1985, Live Aid was first held. The event was organized by Bob Geldof and Midge Ure to raise funds for Ethiopian famine releif. Over 175,000 people attended what was called the global jukebox. The concert was held simultaneously in Wembley Stadium in London, England, United Kingdom and John F. Kennedy Stadium in Philadelphia, Pennsylvania, United States. It was one of the first and largest shows broadcast on satellite in 1985.

Full Day in Tech History podcast show notes for July 13

Geek Smack Sponsor board!

Please add to your favorite aggregator. RSS Feed – iTunes – Stitcher –TechPodcasts – Google+ - Twitter@dayintechhist

Subscribe to Day in Tech History Show Notes!

  • Microsoft is found to violate the Sherman Antitrust Act
  • Staten Island girl falls into a manhole after IMing on her phone

DITH on YouTube

Play
0

May 29: Netflix Filed IPO

Netflix

May 29, 2002: Netflix initiated Public Offering at $15/share

2002- Netflix, the rental movie-by-mail service, initiated their Public offering. They sold 5,500,000 starting at $15 a share. They sold an additional 825,000 the next day. Of course, the Netflix stock has fluctuated over the years, including 2011, when CEO Reed Hastings tried to split their online and DVD rentals, then announced Qwikster – with hopes to sell that side of the company. Of course, he retracted that statement, but not before loosing 2/3 of stock price (was at $291 in 2011, now at $70 / share).

Full Day in Tech History podcast show notes for May 29

Friends of Day in Tech History


Please add to your favorite aggregator. RSS Feed – iTunes – Stitcher –TechPodcasts – Google+ - Twitter@dayintechhist

Subscribe to Day in Tech History Show Notes!

  • Vim 4.0 is released
  • believeinkids.com became the 5 millionth domain name
  • IEEE 1394 officially becomes “Firewire”
Play