April 23, 2012 / 11:05 PM / 7 years ago

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 Gary Hill

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