Feeds

Amazon to buy NetFlix?

Money man spreads wild rumor

Next gen security for virtualised datacentres

Yes, Amazon already offers a movie download service, but that won’t stop the world’s most famous web retailer from buying NetFlix, the movies-through-the-mail company that recently built an online service of its own. At least, that’s what the Associated Press is reporting.

According to the AP, a Jackson Securities analyst named Brian Bolan has "heard buyout speculation from industry contacts." With Blockbuster turning up the heat on NetFlix and Amazon shares trading higher in recent weeks, Bolan believes the rumor makes perfect sense.

"[Amazon has] excess currency, if you will. Netflix, on the other hand, has been facing stiff competition from Blockbuster and everyone else, so they've seen their stock go lower," the AP quotes Bolan as saying. Word is that NetFlix could grab more than $1.5bn from Amazon - but this comes from Bolan too.

NetFlix made its name with an online movie-rental service that sends DVDs through the mail. But early this year, the company launched a video-on-demand service, dubbed Watch Now, that streams movies straight from the Web. Amazon's Unbox site also offers movies and tv from the web, but it requires downloads.

Meanwhile, Blockbuster is moving in on NetFlix's through-the-mail business. With Blockbuster’s Total Access service, renters have the option of either ordering discs through the mail, but they can also rent from the company's nationwide network of retail stores.®

Build a business case: developing custom apps

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Broadband slow and expensive? Blame Telstra says CloudFlare
Won't peer, will gouge for Internet transit
Netflix swallows yet another bitter pill, inks peering deal with TWC
Net neutrality crusader once again pays up for priority access
prev story

Whitepapers

Best practices for enterprise data
Discussing how technology providers have innovated in order to solve new challenges, creating a new framework for enterprise data.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?