Breaking Down The Rumored M&A Chatter Surrounding Netflix

Netflix‘s stock saw a marginal uptick when rumors of Disney‘s and Apple‘s potential interest in the streaming giant surfaced. Rumor has it that Disney is looking at a few acquisition options, and Netflix could be one of the main targets. Disney has been hurt by the prevalent cord-cutting trend, which has made the future of its lucrative ESPN business somewhat cloudy. Adding Netflix to its portfolio could change Disney’s fortunes overnight, as the media giant could easily leverage Netflix’s 80 million subscriber base and its international reach to bolster its entertainment properties.

from Forbes – Tech http://ift.tt/2e8Od1P
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