Advertising

The Seattle Times Company

NWjobs | NWautos | NWhomes | NWsource | Free Classifieds | seattletimes.com

Business / Technology


Our network sites seattletimes.com | Advanced

Brier Dudley's Blog

Brier Dudley offers a critical look at technology and business issues affecting the Northwest.

July 13, 2009 at 2:14 PM

Comments (0)     E-mail E-mail article      Print Print      Share Share

Amazon.com buying Netflix? Some traders think so ...

Posted by Brier Dudley

It's still a wild rumor, but some are speculating that Amazon.com may buy Netflix.

Netflix closed up 5 percent at $42.19 and options trading soared on the stock, according to a Bloomberg report. AMZN closed up 5 percent to $81.47.

One analyst quoted in the story said it's unlikely, because Netflix distribution centers in different states could complicate Amazon's efforts to avoid sales taxes in different regions.

But the sales tax games are probably short term and Amazon probably overlaps in some of those states.

Long term, Netflix would give Amazon's digital download business a huge presence that it may never obtain otherwise.

Netflix has made deals with all sorts of TV, console and set-top box manufacturers, putting what are basically mini-storefronts in living rooms across the country. Amazon is doing the same thing with companies like TiVo but Netflix is way ahead.

Maybe the deal would expedite the development of Kindles that support streaming video ...

Copyright © 2009 The Seattle Times Company

E-mail E-mail article      Print Print      Share Share

Comments
No comments have been posted to this article.

Recent entries

Advertising

Advertising

 
Most read
Most commented
Most e-mailed
 
 

Most viewed imagesMore

Advertising

Browse the archives

July 2009

June 2009

May 2009

April 2009

March 2009

February 2009

Extras