Monday, July 13, 2009

Amazon-Netflix rumors fly

Rumor has it, Amazon is buying Netflix.

With the DVD biz in a freefall, both parties would benefit from offering a massive library of streams and a growing VOD biz.

Netflix is growing its member base (over 10 million last quarter) at a time when other consumer services are shedding subs. And what media platform company would turn down a fee-based business model in this advertising downturn?

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