[cdg] Computer News - TiVo, Netflix Close to Internet Movie Deal-Report
- From: "Donny Duncan" <ravers_deelite@xxxxxxxxxxx>
- To: <cdg@xxxxxxxxxxxxx>
- Date: Tue, 7 Sep 2004 10:33:46 -0500
Pulled from Google News (http://google.com/news)
TiVo, Netflix Close to Internet Movie Deal-Report
Online DVD renter Netflix and television recorder maker TiVo are close to a
deal to allow Netflix subscribers to download movies over the Internet to their
TiVo devices, according to the latest issue of Newsweek magazine.
Newsweek, citing an anonymous source close to the talks, said the deal could be
approved by TiVo's board of directors this week. Representatives of TiVo and
Netflix could not be reached immediately for comment.
Such a service would require subscriptions to both Netflix and TiVo, as well as
a broadband Internet connection. TiVo's current service allows the recording of
broadcast TV programs, while Netflix delivers its DVDs through the mail.
TiVo has said it was working on delivering unique content, such as independent
films, over the Internet to subscriber set-top boxes. In January, TiVo acquired
Strangeberry, a California firm that designs broadband television software.
Shares of TiVo were up 55 cents to $4.97, while Netflix rose $2.04 to $16.40,
both on Nasdaq.
Read more here:
http://www.reuters.com/newsArticle.jhtml?type=internetNews&storyID=6169442
Donny Duncan
http://www.computer-discounts-guide.com
http://www.making-an-online-living.com
http://www.satellitetv-reviews.com
Other related posts:
- » [cdg] Computer News - TiVo, Netflix Close to Internet Movie Deal-Report
