Jon Rettinger on CNBC Talking Netflix and Qwikster

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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Emily has been obsessed with computers since the early 80s when she discovered she could play Ghostbusters on her father's Commodore 64. She currently owns more computers than she has rooms in her house, and has the high score on every Ms. PacMan arcade game she's ever encountered. You can follow her every magical move on Twitter @emily.