Netflix announced plans to enter the videogame rental market when they announced the Qwikster brand.

However, Qwikster was killed just a couple of days later after the company received massive criticism from all around.

The company has now confirmed that they are also ditching their videogame renting plans.

Last fall, NFLX said it would start renting video games. Those plans are gone now says Reed Hastings.

— Peter Kafka (@pkafka) January 25, 2012

Netflix aims to concentrate on their streaming services which is growing though is not as profitable as DVD rentals business.

The company hopes that streaming business would continue to grow at a healthy pace and would become their core service offering in the future.