Netflix (NFLX) Weaker On Reports Apple Could Scoop-Up Hulu

July 22, 2011 8:52 AM EDT
Netflix, Inc. (Nasdaq: NFLX) is trading 1.7% lower in pre-open trading on news Apple (Nasdaq: AAPL) could buy online video service Hulu.

Discussions between Apple and Hulu are said to be in the early stages, and may not result in a bid.

An Apple/Hulu hook-up company been seen as a major threat to Netflix.


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