14 July 2009 9:04 GMT / By Amy-Mae Elliott
It's rumoured that Amazon may acquire Netflix, the American mail-order and downloadable movie service that competes with Amazon in the online movie space.Netflix stock is up almost 7% to an 11-week high on the back of the speculation, Bloomberg reports.
It's thought Amazon is looking to increase its digital distribution business models and although it currently offers more digital films that Netflix does, Netflix's customer base is of interest for the future potential.
Netflix currently has more than 10 million subscribers, mainly for its movies-by-mail service, who could convert to digital over the coming years.
Netflix and Amazon have refused to comment on the speculation.
Via: bloomberg.com
Biz, Netflix, Amazon, Acquisitions, Rumours


Acer CloudMobile Ice Cream Sandwich smartphone set for MWC launch 4.3-inch award winner
Best iPhone utilities apps Resistance is futilities?
BlackBerry Porsche Design P'9981 For the fast lane
Best iPhone productivity apps Speedy
Samsung Galaxy S III: Review of rumours, features, pictures and specs Thinner, faster, better
New HTC Ice Cream Sandwich device pictures leak Another one for the rumour pile...
iPad 3 launch event first week of March According to AllThingsD
LG Miracle picture and details leak Update: More pictures from the wild
Nokia 700 Sleek and desirable Nokia
Samsung O table is for the kitchen of the future Flexible hob
HTC dates Ice Cream Sandwich update, Sensation models get it first End of March
Google home entertainment device detailed WSJ solves device mystery
Samsung not worried by Apple iTV threat EXCLUSIVE: AV boss not concerned
More leaked iPad 3 parts help form bigger picture - including Sharp Retina display iPad 3, in kit form
Tesla Model X SUV goes back to the future DeLorean lookalike announced
Panasonic Lumix GX1 review
The one?
Sony PlayStation Vita review
Curriculum Vita
Nokia Lumia 710 review
WP7 on a budget
GoPro HD Hero2 review
Amazing things come in small packages
HTC Explorer review
A phone for people who make calls
BlackBerry Torch 9810 review
Middle of the road
Sony Alpha A65 review
Affordable SLT. But is it a DSLR-beater?
Fiat 500 TwinAir Plus review
Two-cylinder beast
BlackBerry Bold 9790 review
To boldly go where we've already been before
Motorola MotoACTV review
Just add exercise
Motorola Xoom 2 Media Edition review
Mini Xoom
Sennheiser IE80 review
Tune that bass
BlackBerry Porsche Design P'9981 review
For the fast lane
Kingston Wi-Drive review
Expand your storage
Huawei Ideos X3 review
Cheap but imperfect