Netflix announced this morning that it would be splitting its services into two separate websites, with video streaming staying on Netflix.com and DVD rentals moving to a new domain and business name Qwikster (Qwikster.com).

So what does it all mean? Our own Jon Rettinger went on CNBC this afternoon to talk about the split. Check out what he had to say in the video above.

Have your own opinion on the split? Tell us what you think in the comments!

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