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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Matthew Wilsonit is a game worth playing if you have a pc/360/ps304/20/2014 - 9:34pm
MaskedPixelantehttps://twitter.com/IGLevine/status/457552538343325696 The Lutece Twins show up in some of the most unlikely of places.04/20/2014 - 2:44pm
Andrew EisenAs it happens, Chinatown Wars is the only GTA game I've played.04/19/2014 - 10:43am
Papa MidnightWith GTA5 (to date) failing to even provide indication of a PC release, I'm realising that this might be the first GTA game that I have not played (outside of Chinatown Wars) since the series inception.04/19/2014 - 8:14am
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MaskedPixelantehttp://www.joystiq.com/2014/04/18/playstation-99-cent-sale-discounts-tokyo-jungle-super-stardust/ Weekend long PSN flash sale. So much stuff is 99 cents for the rest of the weekend.04/18/2014 - 5:59pm
Adam802http://www.polygon.com/2014/4/18/5627928/newtown-video-game-addiction-forum04/18/2014 - 4:14pm
Matthew Wilsonit is a video talking about why certain games/products/consoles do well, and others do not. he back it up with solid research.04/18/2014 - 3:56pm
Andrew EisenI'm not keen on blind links. What is it?04/18/2014 - 3:45pm
Matthew Wilsonthis is worth a whatch https://www.youtube.com/watch?v=MyXcr6sDRtw&list=PL35FE5C4B157509C904/18/2014 - 3:43pm
MaskedPixelanteNumber 3: Night Dive was brought to the attention of the public by a massive game recovery, and yet most of their released catalogue consists of games that other people did the hard work of getting re-released.04/17/2014 - 8:46pm
MaskedPixelanteNumber 2: If Humongous Entertainment wanted their stuff on Steam, why didn't they talk to their parent company, which does have a number of games published on Steam?04/17/2014 - 8:45pm
MaskedPixelanteNumber 1: When Night Dive spent the better part of a year teasing the return of true classics, having their big content dump be edutainment is kind of a kick in the stomach.04/17/2014 - 8:44pm
Matthew Wilsonhttp://www.giantbomb.com/articles/jeff-gerstmann-heads-to-new-york-takes-questions/1100-4900/ He talks about the future games press and the games industry. It is worth your time even though it is a bit long, and stay for the QA. There are some good QA04/17/2014 - 5:28pm
IanCErm so they shouldn't sell edutainment at all? Why?04/17/2014 - 4:42pm
MaskedPixelanteNot that linkable, go onto Steam and there's stuff like Pajama Sam on the front-page, courtesy of Night Dive.04/17/2014 - 4:13pm
Andrew EisenOkay, again, please, please, PLEASE get in a habit of linking to whatever you're talking about.04/17/2014 - 4:05pm
MaskedPixelanteAnother round of Night Dive teasing and promising turns out to be stupid edutainment games. Thanks for wasting all our time, guys. See you never.04/17/2014 - 3:44pm
Matthew WilsonAgain the consequences were not only foreseeable, but very likely. anyone who understood supply demand curvs knew that was going to happen. SF has been a econ/trade hub for the last hundred years.04/17/2014 - 2:45pm
Andrew EisenMixedPixelante - Would you like to expand on that?04/17/2014 - 2:43pm
 

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