Amazon and Netflix deny rampant acquisition rumors

Wouldn't these two be a pair, teamed up against Blockbuster's video rental service and the iTunes gorilla? Wall Street seems to think so, and rumors today of Amazon having plans for acquiring Netflix sent shares of the former to heights not seen since 2004. Unfortunately, the fun didn't last long, with Netflix quickly calling it "rumors or speculation," and Amazon defining it as "speculation and rumor." But, like Silicon Valley analyst Rob Enderle states: "If they're not talking, they probably should be."

[Via El Reg]

[lelander Posted Jun 7th 2007 5:26PM]

This deal is dead in the water. Amazon would have to add sales tax in every state Netflix has a distro center, which is about 30.

http://www.marketwatch.com/news/story/amazon-would-face-taxation-issue/story.aspx?guid=%7BEB44EF73%2DB176%2D4A6D%2D9D51%2D2A1DEADFE878%7D&siteid=yhoof

[Paco Posted Jun 7th 2007 9:35PM]

I pay tax in NJ for nexflix and all my movies get sent to PA :(

[Paco Posted Jun 7th 2007 9:33PM]

I am canceling my netflix subscription, I've had for I dunno 7 years?, if this deal goes down. I'm anti-Amazon.

[Finite Posted Jun 7th 2007 9:52PM]

Hmm.. I'm curious as to why one would be "anti-Amazon." Not the wal-mart effect, as the only other real bookstores in business currently are just as big (i.e. Borders, BN), so it must be another reason, no?

Not trying to argue with you, I was just honestly curious.

[(Unverified) Posted Jun 7th 2007 10:03PM]

any article that quotes rob enderle should immediately be binned. the guy is a fully-qualified jackass.