Analysts for Citigroup wrote in a research note they believe there’s a 40% chance Apple will buy Netflix with the money it repatriates following the passage of corporate tax reform.
Apple could potentially repatriate hundreds of billions of dollars, giving it plenty of wiggle room for a major acquisition like Netflix.
A total of 24 bidders bought the bid document, including Facebook, Amazon, Twitter, Yahoo, Reliance Jio, Star India, Sony Pictures, Discovery, Sky, British Telecom, and ESPN Digital Media, according to a ESPNcricinfo report.
Amazon is to add more than 40 TV channels to its UK streaming service, including ITV and live sport for the first time, upping the stakes against rival Netflix and pay-TV operators such as Sky.
Time Warner would give a competitive advantage over rivals such as Verizon, T-Mobile US and Sprint with a so-called “vertical integration” strategy, allowing it to use its internet and telecoms services to distribute Time Warner’s film and television portfolio
Netflix will hit 100m subscribers “some time next year”, according to chief executive Reed Hastings, after the digital home of Daredevil and Orange is the New Black reported its best ever quarter, aided by expansion into 130 new markets
Amazon is to offer video streaming of exclusive shows such as Transparent and The Man in the High Castle as a standalone service in the US for the first time as it tries to make up ground on Netflix
Silvio Berlusconi and Vincent Bollore, two of Europe’s most powerful media barons, have agreed a €1.75bn (£1.25bn) pact to create a European rival to Netflix and stronger continental opposition to Sky. The deal is expected to be approved this evening by the directors of Mr Berlusconi’s TV company Mediaset. It will see Mr Bollore’s French media giant Vivendi take full control of Mr Berlusconi’s Mediaset Premium. The loss-making pay-TV arm owns rights to top-flight Italian football and competes with Sky Italia
Nearly a quarter of UK households now subscribe to Netflix, with more than 1.4m joining in 2015
The popular streaming video service outdid Wall Street expectations for the quarter by a full five cents per share and added 5.59 million new viewers
When Netflix chief executive Reed Hastings took to the stage in Las Vegas on Wednesday to announce the streaming service’s expansion into a further 130 countries, he told the audience they were “witnessing the birth of a global TV network”.
The fast growth of streaming services and pay-TV are “challenging the very premise of mandatory fees”, according to a study by PwC.
Those visiting other European countries may not have to worry about missing television from UK-only services such as BBC iPlayer if the EU has its way. The European Commission is proposing a new ‘digital single market’ in a bid to loosen all catch-up provider restrictions when someone ventures off home turf.
According to new research from The Diffusion Group (TDG), Netflix streaming has increased 350% during the last 10 quarters
With the acquisition of start-up streaming business RayV and the launch of a new music channel, Marissa Myer has firmly planted a Yahoo flag into the profitable online video market and openly entered into battle with on-demand TV companies such as Netflix, Amazon and Hulu
TV and film-streaming company plans expansion as operations outside key US market make loss of $35m in first quarter
Spotify has raised about $250m in new financing from an early backer of Netflix, in a deal valuing the Swedish digital music service at more than $4bn
Netflix has posted Q3 2013 results above Wall Street expectations with subscribers accelerating past 40 million globally for the first time, a 48% increase year on year
