Is Best Buy Buying Netflix?

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Alley Insider   |  Henry Blodget   |   May 17, 2008 01:02 PM

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A reader says there was chatter to that effect this afternoon, as Netflix (NFLX) pushed 6% higher on high volume.

Would this make sense? Only if Best Buy (BBY) has been persuaded that the Blockbuster (BBI) - Circuit City (CCI) deal makes sense, which we certainly haven't.

On the "why not?" side, a Best Buy - Netflix combination would of course be vastly more powerful than a Blockbuster - Circuit City combination---because it would be two No. 1's vs. two No. 2's and because Netflix is stronger than Blockbuster in the only business that could provide real synergy: mail-order subscriptions and digital downloads.

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- theidaexpress See Profile I'm a Fan of theidaexpress

Netflix has been a huge disappointment--constantly sending out broken dvds. It was such a waste of my money. Amazon dvd system is a lot better--I suggest anyone looking for a new outlet, check them.
http://www.theidaexpress.com

    Favorite    Flag as abusive Posted 08:35 PM on 05/17/2008
- desthmoneses See Profile I'm a Fan of desthmoneses

I have netflix and only ever got one DVD that didnt work in a year but I'm still really happy with my membership, the movies are all unedited and I can get really foriegn and obscure films all the time if all you DVD's were cracked there was probably a problem with your mail service.

    Favorite    Flag as abusive Posted 11:36 PM on 05/17/2008
- jp5472 See Profile I'm a Fan of jp5472

I have to say in five and a half years of Netflix membership I have had only two DVD's that were non-usable (and neither was broken, just wouldn't read). Netflix upon notifying immediately had a replacement in the mail. It's amazing that you have reported these problems and the root cause has not been found and corrected either by Netflix themselves or the USPS.

    Favorite    Flag as abusive Posted 09:39 PM on 05/17/2008
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