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By Steve Spalding June 6th, 2007
Under: Featured
In baseless rumor news, Netflix — everyone’s favorite movie delivery service may be being courted by Amazon, everyone’s favorite provider of books, movies and … milk. The number that is being floated around Wall Street is $34 dollars a share. That would mean that Netflix would be worth an estimated $2.1 Billion Dollars which sadly, is only about twice as much as Wall Strip was sold to CBS for.

The only thing that might be holding the deal back is the issue of taxation. Currently, Amazon does not have to charge sales tax except for in the 5 or so locations it has a physical presence. Since Netflix has distribution centers over 30 states, this deal would force Amazon to charge sales tax in all of these areas — unless, of course, they can find a creative work around.
Since it’s almost certain that this deal will go through, here are a few things you can do to make sure you are ready for Amazon’s new video rental store.
Stop returning your movies. With $2.1 Billion dollars floating around, do you really think they will notice a few missing copies of Harold and Kumar.
Short some Blockbuster Stock. If Amazon doesn’t bury America’s movie store outright, they will certainly put a ding in their armor. You certainly want to get on the ground floor of that.
Buy A New Projector. With all the money that you are getting from selling of movies that you have sto…borrowed from Netflix, and cashing out of your latest stock speculation you should purchase a brand new projector to enjoy your films in style.
If you enjoyed that why not find a job or read our guide to working in the 21st century. You can also join our Kiva team or hire me for your project.
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