Will Yahoo Buy Netflix? Speculation Abounds
Speculation of Yahoo (YHOO) buying Netflix (NFLX) is rampant in the trading circles.
The trigger for this speculation is appointment of Scott Thompson as the new CEO Yahoo.Thompson has been President of PayPal, which is a crown jewel of eBay (EBAY).
Thompson has significant background in technology, mobile, and international. As an outsider with a fresh perspective, he is likely to find significant low hanging fruit at Yahoo. Some analysts have criticized this choice because Thompson lacks media experience.
It is conceivable that to avert criticism of his lack of media background, Thompson may quickly move to buy a media company.… Please click here or the title below to read more.