Today in Connected Consumer

Stay on Top of Enterprise Technology Trends

Get updates impacting your industry from our GigaOm Research Community
Join the Community!

Mediatech Capital Partners Porter Bibb said yesterday that Verizon is “very serious” about making a bid for Netflix, sending shares of the streaming and DVD rental company up sharply on the day. Other analysts are not so sure, however. Wedbush analyst Michael Pachter calls a Verizon/Netflix deal “highly unlikely,” noting that the Netflix board could never accept a bid of $100 a share, the purported neighborhood for a Verizon offer, when the stock was recently trading over $300. Janney analyst Tony Wible notes that any buyer would have to calculate not just the price of Netflix’s current equity but the cost of its future content commitments, which would raise the price significantly. Investors appear still to be weighing the options. The stock was up this morning but not only about 1 percent.