3 ms·
Netflix will be next on Microsoft’s shopping list
- isaacfrond 4y agotl;dr: Microsoft CEO Satya Nadella is reportedly planning to acquire Netflix in 2023. The two companies are already closely aligned, with Microsoft serving as Netflix's advertising partner for a new ad-supported subscription service, and Microsoft President Brad Smith sitting on the Netflix board. Microsoft has made several large acquisitions in the past, including the purchase of LinkedIn for $26 billion, the speech recognition and artificial intelligence software developer Nuance for $20 billion, and gaming company Activision Blizzard for $69 billion. The acquisition of Netflix would allow Microsoft to offer a video-game streaming service over multiple devices, as well as supercharge Netflix's own gaming ambitions.
- rvz 4y agoMakes total sense. I also said the same thing months ago as well [0] and I won't be surprised to see Netflix being bought out by Microsoft as they (Microsoft) don't have their own streaming service, unlike Apple, Amazon and Google. Netflix has become a target and Microsoft is looking more likely as the buyer. [0] https://news.ycombinator.com/item?id=32144986 https://news.ycombinator.com/item?id=32144986
- etempleton 4y agoInteresting. The price would likely be absurd and regulators would probably try and block the acquisition, though they can easily point to Apple, Amazon, Google, ATT and say, we are just trying to compete.” I am wondering when these tech monopolies break or begin to lose power? They all do everything now. Each is so pervasive in every day life. They are all pretty decent companies all things considered, but there is no doubt power has been centralized again.
- entropicgravity 4y agoShouldn't that be Musk's shopping list? He's been buying things lately.
- mindcrash 4y agoI think they will get big competition from Apple which has an even bigger warchest to make this acquisition happen. Just before or after they (finally) acquired the Walt Disney Company. Not kidding, The Netflix originals and associated IP (Stranger Things anyone?) and the Disney productions together with the TV+ productions would be THE killer catalog to have for Apple. Especially if they want to become a serious competitor to the likes of HBO Max, SkyShowtime, Peacock and Paramount+