The axiom, ‘what a difference a day makes’ certainly applies to Netflix… the former high-flyer that through a series of (what could best be termed as), ‘boneheaded moves’ is now the subject of a takeover bid by Verizon. No doubt that America needs more industry consolidation whereas consumers pay higher fees for reduced services and less innovation (which is such an incredible combination, right?!)
(Source) Business Week: http://goo.gl/3Au0U