Report: Verizon, Netflix in Acquisition Talks

December 12, 2011 -

Here's a juicy rumor for you: Netflix is reportedly in talks with Verizon to sell its streaming entertainment service to the top phone and broadband provider. Verizon may be preparing to acquire Netflix as a fast way to build its own streaming video service. Verizon wants to buy Netflix because it is hoping to launch its own streaming video service as early as next year, according to anonymous sources close to the deal. 

The report from VentureBeat is based on a story from subscription-based financial reporting site dealReporter. That site claims that Verizon will be teaming with Netflix rather than competing with it. Previous rumors had pegged Redbox as an acquisition target for Verizon.

After changing its subscription fees for both streaming and disc-by-mail subscriptions Netflix has lost the good will of investors. In the last reported financial quarter the company lost 600,000 subscribers due to those changes. The cost of licensing new content coupled with a loss in revenue is not ideal for Netflix. Verizon, which has mobile and broadband to fill its coffers has plenty of cash to throw around if it needs to.

Source: VentureBeat

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Comments

Re: Report: Verizon, Netflix in Acquisition Talks

Ah, digging their own grave.  If netflix is neutered with a verizon style payment system, the only real winners will be the torrent sites.

Customers HATE the 'per movie' pricing.. it is purely a creation of executives enjoying the power struggles that go along with it.

Re: Report: Verizon, Netflix in Acquisition Talks

Gee dose that mean Netflix is going to split into 2 again so it can double dip?


Copyright infringement is nothing more than civil disobedience to a bad set of laws. Let's renegotiate them.

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Re: Report: Verizon, Netflix in Acquisition Talks

Re: Report: Verizon, Netflix in Acquisition Talks

If this happens, I wonder how many months they'll let it go before fucking everybody with per-movie pricing rather than an unlimited monthly subscription.  What with them being goddamn Verizon and all...

Re: Report: Verizon, Netflix in Acquisition Talks

Nooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo!

 
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Papa MidnightIt's not bad so far, but I am honestly not sure what to make of it (or where it's going for that matter)07/28/2014 - 9:44pm
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MaskedPixelanteNah, I'm fine purple monkey dishwasher.07/28/2014 - 4:05pm
Sleaker@MP - I hope you didn't suffer a loss of your mental faculties attempting that.07/28/2014 - 3:48pm
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ZenMatthew, the 3DS already has GBA games in the form of the ambassador tittles. And I an just as curious about them not releasing them on there like they did the NES ones. I do like them on the Wii U as well, but seems weird. And where are the N64 games?07/28/2014 - 10:40am
james_fudgeNo. They already cut the price. Unless they release a new version that has a higher price point.07/28/2014 - 10:19am
E. Zachary KnightMatthew, It most likely is. The question is whether Nintendo wants to do it.07/28/2014 - 10:12am
Matthew WilsonI am sure the 3ds im more then powerful enough to emulate a GBA game.07/28/2014 - 9:54am
Sleaker@IanC - while the processor is effectively the same or very similar, the issue is how they setup the peripheral hardware. It would probably require creating some kind of emulation for the 3DS to handle interfacing with the audio and input methods for GBA07/28/2014 - 9:30am
Sleaker@EZK - hmmm, that makes sense. I could have sworn I had played GB/GBC games on it too though (emud of course)07/28/2014 - 9:23am
E. Zachary KnightSleaker, the DS has a built in GBA chipset in the system. That is why it played GBA games. The GBA had a seperate chipset for GB and GBColor games. The DS did not have that GB/GBC chipset and that is why the DS could not play GB and GBC games.07/28/2014 - 7:25am
IanCI dont think Nintendo ever gave reason why GBA games a reason why GBA games aren't on the 3DS eshop. The 3DS uses chips that are backwards compatable with the GBA ob GBA processor, after all.07/28/2014 - 6:46am
Sleakerhmmm that's odd I could play GBA games natively in my original DS.07/28/2014 - 1:39am
Matthew Wilsonbasically "we do not want to put these games on a system more then 10 people own" just joking07/27/2014 - 8:13pm
MaskedPixelanteSomething, something, the 3DS can't properly emulate GBA games and it was a massive struggle to get the ambassador games running properly.07/27/2014 - 8:06pm
Andrew EisenIdeally, you'd be able to play such games on either platform but until that time, I think Nintendo's using the exclusivity in an attempt to further drive Wii U sales.07/27/2014 - 7:21pm
Matthew WilsonI am kind of surprised games like battle network are not out on the 3ds.07/27/2014 - 7:01pm
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