Verizon eyeing a potential Netflix buyout

By Shawn Knight · 11 replies
Dec 13, 2011
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  1. Verizon Wireless has emerged as a potential suitor to take over ailing video streaming service Netflix. Shares in Netflix surged roughly $6 as news of the possible buyout reached investors…

    Read the whole story
  2. Vrmithrax

    Vrmithrax TechSpot Paladin Posts: 1,352   +293

    This seems like a smart move for both sides, on the surface at least. I'd be fine with it, as long as Verizon doesn't turn the whole thing into a strong-arm tactic that penalizes consumers who are not using Verizon as their internet provider.
  3. Raswan

    Raswan TS Enthusiast Posts: 279

    "ailing video streaming service"? "saving grace"? How about we jump off the let's-rip-on-netflix-every-chance-we-get bandwagon Techspot, and quit fanning the flames and being dramatic. Just because sites like cnet can't keep from shitting themselves with giddiness over the demise of a company that none of you could say enough good things about until last summer doesn't mean you have to subscribe to the same nonsense.

    Netflix still has over 20 million subscribers, over 60% of the streaming markets, and both Hulu, which has been in the game a long time, and Amazon, which has spent a shitpot of money in the last year trying to catch up, are still negligible presences. Blockbuster went belly up because of netflix, and has only recently showed signs of recovery after being bought by Dish. Let's not pretend that a Verizon buyout is either needed to save the company or desired by any of us who use netflix. So sick of not being able to read any article about netflix or streaming that doesn't immediately degenerate into forced outrage. They went from charging 10/month to 16/month? Holy ****. That IS ridiculous. Wait--they haven't implemented 5.1 sound or blu-ray-quality streams yet? WTF are they waiting for? None of that costs money to do.

    Tone down the drama. Maybe talk about wait the Verizon buyout would really mean, instead of spending half the article rehashing the same bs over and over.

    Rant done.
  4. loydc1

    loydc1 TS Rookie

    I agree with you Verizon, AT&T and Apple is all these teck sites rave about onand lest not forget Infell.
  5. Here! Here! Netflix is still a good deal for me! I can't see a buyout by Verizon as a good thing for us Netflix subscribers.
  6. treetops

    treetops TS Evangelist Posts: 2,069   +219

    Don't sell right now netflix! Your stocks are only rising and especially not to the hated verizon.
  7. Raswan +1
  8. Jinto

    Jinto TS Rookie Posts: 49

    Oh boy, when Verizon buys out Netflix will I get to pay $14.99 a month for a streaming only option? Because $7.99 a month is just too cheap...
  9. SNGX1275

    SNGX1275 TS Forces Special Posts: 10,742   +421

    Do you get that fired up about every Apple/iPhone/iPad story? If not, why? I'm genuinely curious.

    Now back to topic, I'm a little bit unsure how this makes much sense. Maybe thats just because I live outside of the 20 or so biggest cities in the US and Verizon coverage here is not good, and FIOS well LOL.
  10. Chazz

    Chazz TS Evangelist Posts: 679   +75

    Techspot doesn't make articles about apple that would compare to this. Techspots users jest about apple a lot but that's a lot different than if the authors were doing it in their articles.
  11. great not we can experience verizons jacked up prices on our TVs too
  12. Originally Posted by Raswan

    "ailing video streaming service"? "saving grace"? How about we jump off the let's-rip-on-netflix-every-chance-we-get bandwagon Techspot,

    I don't agree with this Raswan...I am tired of big companies strong-arming their customers. Netflix deserves every bad thing that happens for not doing proper marketing due dillgence before instituting a MAJOR change in pricing and service. I am STILL a Netflix customer, but that doesn't mean I appreciate what they did! I am guessing you probably voted for and still like Obama too?

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