Detailed text transcripts for TV channel - FOXNEWS - 20110919:18:54:00
Shareholders and customers after separating its popular movie streaming business from its dcd by mail service resulting in price hiesks up to 60% and a big dip in stock prices. now there has been backtrack. oh, boy, it's rare you see a ceo say what this guy said. >> reporter: shares of netflix are getting clobbered as the company unvails a move to split its self into two businesses. the old dvd will become a separate operation under a new name. it's stunning name and wall street is dubious. netflix is trying to ride the trapeze to swing from the old dvd business to the new online
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