Online DVD renter Netflix Inc. and personal video recorder maker TiVo Inc. reportedly are close to a deal to allow Netflix subscribers to download movies over the Internet to their TiVo devices,
according to the latest issue of
Newsweek magazine. Newsweek said the deal could be approved by TiVo's board of directors this week. Such a service would require subscriptions to both Netflix
and TiVo, as well as a broadband Internet connection the report said.