Microsoft might snap up Netflix
@ 2022/07/19Vole adverts plan could be the beginning of a take over
Software King of the World Microsoft might be thinking of snapping up the streaming outfit Netflix.
Needham’s senior analyst Laura Martin said that the acquisition could give Netflix a way out of its rubbish figures. Its subscribers is falling and shares plummeting since last year.
A few days ago the two companies signed an agreement where Vole managed Netflix advertisements for reduced-price subscriptions, although why anyone sane would want adverts on Netflix even if it lowered subscription prices.
But for Martin this is a clear sign of Netflix’s rapprochement with Microsoft, which could lead to an even more important deal in the future.
Software King of the World Microsoft might be thinking of snapping up the streaming outfit Netflix.
Needham’s senior analyst Laura Martin said that the acquisition could give Netflix a way out of its rubbish figures. Its subscribers is falling and shares plummeting since last year.
A few days ago the two companies signed an agreement where Vole managed Netflix advertisements for reduced-price subscriptions, although why anyone sane would want adverts on Netflix even if it lowered subscription prices.
But for Martin this is a clear sign of Netflix’s rapprochement with Microsoft, which could lead to an even more important deal in the future.