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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http://zippydsm.deviantart.com/

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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PHX Corp@Adam802 We'll break out the popcorn in June12/19/2014 - 9:23pm
ZippyDSMleeMaskedPixelante: I'm itching to start it too but I will wait till the patch goes live. >>12/19/2014 - 7:52pm
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Matthew Wilsonhttp://arstechnica.com/tech-policy/2014/12/republicans-may-have-plan-to-save-internet-providers-from-utility-rules/ this is intreasting. congress may put net nutrality in to law to avoid title 2 classification12/19/2014 - 2:45pm
Matthew Wilsonhttp://www.polygon.com/2014/12/19/7421953/bullshit-cards-against-humanity-donated-250k-sunlight-foundation I have to admit I like the choice o organization. congrats to CAH.12/19/2014 - 1:51pm
E. Zachary KnightIf you are downloading a copy in order to bypass the DRM, then you are legally in the wrong. Ethically, if you bought the game, it doesn't matter where you download it in the future.12/19/2014 - 12:06pm
InfophileEZK: Certainly better that way, though not foolproof. Makes me think though: does it count as piracy if you download a game you already paid for, just not from the place you paid for it at? Ethically, I'd say no, but legally, probably yes.12/19/2014 - 11:20am
ZippyDSMleeAnd I still spent 200$ in the last month on steam/GOG stuff sales get me nearly every time ><12/19/2014 - 10:55am
ZippyDSMleeMaskedPixelante:And this is why I'm a one legged bandit.12/19/2014 - 10:51am
ZippyDSMleeE. Zachary Knight: I buy what I can as long as I can get cracks for it...then again it I could have gotton Lords of the Fallen for 30 with DLC I would have ><12/19/2014 - 10:50am
MaskedPixelantehttp://www.joystiq.com/2014/12/19/marvel-vs-capcom-origins-leaving-online-storefronts-soon/ Speaking of "last chance to buy", Marvel vs. Capcom Origins is getting delisted from all major storefronts. Behold the wonders of the all digital future.12/19/2014 - 9:59am
MaskedPixelanteSeriously, the so-called "Last Chance" sale was up to 80% off, while this one time only return sale goes for a flat 85% off with a 90% off upgrade if you buy the whole catalogue.12/19/2014 - 9:37am
E. Zachary KnightInfophile, Tha is why I buy only DRM-free games.12/19/2014 - 9:37am
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InfophileRe PHX's link: This is one of the reasons the digital revolution isn't all it's cracked up to be. There's also the flip side where Sony can block access to games you've bought if they ban your account for unrelated reasons. All power is theirs.12/19/2014 - 8:52am
MaskedPixelantehttp://uplay.ubi.com/#!/en-US/events/uplay-15-days You can win FREE GAMES FOR A YEAR! Unfortunately, they're Ubisoft games.12/18/2014 - 6:29pm
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