It's Just a Matter of Time Before Netflix (NFLX) is Acquired - TechCrunch

TechCrunch states in a new article it is not a matter of "if" but "when" and "who" buys Netflix (NASDAQ: NFLX).

The website suggests Netflix is a good fit for Disney (NYSE: DIS) but may be an even better fit for Apple (NASDAQ: AAPL) or Amazon (NASDAQ: AMZN).

From TechCrunch:

New rumors swirl in our Media 2.0 world about one massive potential tantalizing and game-changing deal – Disney buying behemoth SVOD service Netflix. That makes sense – and may happen – but Apple (or even Amazon) make even more sense.

Each has the means (Disney’s market cap is about 3X Netflix’s, Apple’s is a whopping 12X, and Amazon’s is 8X). In any event, Netflix will be bought. It’s only a question of when.

Rumors have been swirling around Netflix forever, but recently picked up steam following reports Disney (NYSE: DIS) was looking at Twitter (NYSE: TWTR). Now that Disney is said to be out of the bidding for Twitter, some on Wall Street believe it will set its sights on Netflix.

All are not convinced, however. Commenting on speculation of a Twitter or Netflix deal for Disney in a blog post yesterday, Moffett Nathanson said: " Given Disney’s recent move to invest in BAMTech, we question the assumption that Disney needs to buy Twitter or Netflix for that matter. Disney’s development of DisneyLife, investment in BAMtech and part ownership of Hulu shows that the company is trying to figure out how to gain greater direct access to their core consumers. That path forward appears to be incremental, rather than revolutionary and reliant on Disney’s own power brands."

You May Also Be Interested In

• ByteDance Prefers TikTok Shutdown in US if Legal Options Fail - Reuters
• Paramount Global (PARA) and Skydance are closer to a merger - CNBC
• EU Antitrust Regulators Concerned About Impact of KKR, Telecom Italia Deal on Viability of Wholesale Market - Reuters