Netflix Stock Jumps Amidst Rumors of Amazon Acquisition: MediaBytes with Shelly Palmer July 14, 2009

Netflix stock enjoyed a bump yesterday as rumors flew that Amazon may acquire the company. Sources say purchasing Netflix could increase Amazon’s digital subscription business. Shares of both companies were up approximately 5% on the news. Not one to be out done, Blockbuster announced a deal with Samsung, the world’s largest maker of flat-screen TV’s, [...]

MediaBytes with Shelly Palmer | July 14, 2009

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