Sun Valley 2022: Netflix Eyed to be Subject of Acquisition After its Stock Fall
The streaming service and production company announced it lost subscribers for the first time last quarter, indicating it would lose more in the just-finished June quarter. It has also abruptly revealed plans to introduce an ad-supported service even as it laid off personnel, and its stock fell by 70% from the year's beginning. Because of this unexpected transition, Netflix is increasingly becoming a target for acquisition.
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Snap buttbeans Jul 4, 2022
Jesus you guys are idiots.
Microsoft Based Dev Jul 4, 2022
Lol the only question is who is first, snap or netflix. I could see some irrelevent company like Oracle going for snap to "enter the market" And 100% Google has their eyes on netflix to merge YouTube TV and movies.
Snap buttbeans Jul 4, 2022
Mate, you work at my safety. Humble yourself. 😘
Yeah, high time they realize theor core business is not tech. Maybe WB decides to acquire it..
WB content on Netflix architecture and UI? Fuck yeah