Amazon Once Offered To Buy Netflix For $12 Million, Book Says

CNET:

In late 1990s, Netflix was still a struggling start-up when CEO Reed Hastings flatly rejected Amazon's acquisition offer, according to an upcoming book.

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Comments

[coffeebeaner]

04:30 PM on 10/07/2012

I used to be a member of Netflix's unlimited online streaming service. The problem is they rarely get good new releases, and they have tons of old content that is terrible. Amazon Unbox has much more new content, and current content that may be higher cost than Netflix, but much lower cost than going out to the movies. Whoever is going to win in the online streaming contest will be successful at keeping their content in movies and tv the most current, and not overcharge their customers. The volume of business that company does should far override any concerns of licensing fees.