Verizon Making Big Moves – Is Currently In Talks To Buy Netflix
Looks like Verizon could be in more talks than just Redbox to offer streaming content. Now, Bloomberg is reporting that Verizon is “very serious” about a bid to actually take over Netflix to the tune of $4.6 billion. Verizon wants streaming video content and they want it now. Whether it’s from Netflix or Redbox (or both?) remains to be seen with sources within Verizon saying they’ll take Netflix or “something similar.” As long as there are no bumps in the road, the Netflix deal could go through as early as Easter of next year. Let’s just hope that if this deal does pan out, Verizon doesn’t try to keep Netflix all to themselves.
[Via Bloomberg]