Topic - Scott Devitt

Subscribe to this topic via RSS or ATOM
Related Stories
  • Morgan Stanley upgrades Netflix, stock jumps

    Netflix's stock surged 11 percent Monday afternoon after an analyst sought to ease investor fears that the online subscription service will face intensifying completion from Amazon.com.

More Stories →

Quotations
  • THE ANALYSIS: If it wanted to be more competitive with Netflix, Amazon would have to pay movie and TV studios an additional $1 billion to $1.2 billion for more video rights, Devitt wrote in a Monday research note.

    Morgan Stanley upgrades Netflix, stock jumps →

  • Amazon can then try to make money trying to entice the Kindle Fire users to buy or rent more recently released movies that aren't available in the Internet video library available to its free-shipping customers, Devitt said.

    Morgan Stanley upgrades Netflix, stock jumps →

Happening Now