As reported by Bloomberg, Verizon might be starting the process of purchasing another “big red” giant in the United States. Netflix. According to an investment banker with ties to Verizon, they are beginning to look at ways of snatching up profits and cutting costs from video streaming services such as Netflix and move beyond just their Fios service.
As stated in their report, if the deal takes place it is said to possibly take place in April of next year. Will Netflix be better than ever if owned by Verizon? Could this mean Verizon devices will all come pre-loaded with the app? And what does this mean for non-Verizon phones? There is always a chance that this move would keep the mobile product unchanged too.
Via: Bloomberg
This post was last modified on December 13, 2011 12:19 pm