Originally posted on Gigaom:
Netflix (s NFLX) and Spotify are a bit like two peas in a pod: Both are championing all-you-can-eat subscription packages over transactional models for online media. Both are trying to establish themselves as global leaders. Both have the potential to disrupt traditional business models. Both want to be on as many devices as possible. Maybe they should just join forces, with Netflix buying the smaller Spotify?
A quick but important preface: This story isn’t based on any rumors, and it’s definitely not meant to start one. To be honest, I don’t think Netflix is in the market of buying up companies like Spotify, especially after last year’s Quickster debacle. Netflix’s stock currently trades at $66.73, down from a high of $304.79 last summer. Endeavoring on an online music adventure would be suicide at this point.
The soundtrack to your favorite movie
Instead, this story is purely meant as an…
View original 634 more words