Amazon is in the process of putting a deal together to acquire the largest DVD rental company Netflix. In anticipation of the deal Amazon’s stock rose 6% yesterday and speculations continue to swirl over the two large companies. Netflix has had trouble handling their large customer base and subscription issues, an area that Amazon would be able to address. Blockbuster has made such a strong effort to offer a better deal to customers than Netflix, and Netflix needs to have a strong response.
This deal makes pretty good sense…although iTunes buying Netflix could also make sense?
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