Microsoft might snap up Netflix

@ 2022/07/19
Vole 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.

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