Blast from the past — 5 years ago I proposed this event…
Turns out I may have only gotten the suitor wrong.
FOR IMMEDIATE RELEASE [5/12/2017] :
Alphabet (Google) has offered $180/shr for Netflix in a 1/2 cash 1/2 share buyout.
Netflix will join YouTube in Alphabet’s (Google’s) growing media powerhouse. Details of the deal were not available as of this writing. However, Alphabet’s bank account, (GOOG: Marketwatch) can more than deal with the purchase. NFLX CEO Reed Hastings remarked, “With Google’s, I mean Alphabet’s, introduction of their ChromeView — [their television plus intelligent agent set-top box] — Netflix will have even better domestic and growing world-wide exposure. I look forward to working with that team creating vivid and engaging content, both for our flagship Netflix platform as well as the quirky but wildly popular YouTube channel venue.”
Officers at Alphabet were unavailable for comment, but a quick tweet from CEO Larry Page “A natural fit: Netflix and Google” and positive remarks from Sundar Pichai seem to indicate that the deal will succeed. Anti-trust sources at the DOJ were also unavailable for comment.
I wouldn’t want to be working for Netflix right now .
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I’m sorry, but I’m not up to date with Netflix or Google acquisitions. Fill me in?
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Microsoft wants to buy Netflix… Netflix is under price pressure due to flagging subscriptions.
I figured it would be Google, but I guess not.
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Ahhh. Yes, I’ve heard of Netflix issues but didn’t know about Microsoft. Isn’t Microsoft dying anyway?
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I had a long comment but dusted it. It went into content, PC and agenda Homogeneity. I have thought that “entertainment” has been propaganda since I was young and noticed the whole disease of the week mansplainin’ and how to behave shit on Marcus Welby, MD Anyway… Here’s the double speak. “…creating vivid and engaging me-too derivative, redundant content and hope no one notices.”
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What the hell is entertanment?
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Hell, that’s a new one. The Coppertone Girl would know whachu talkin’ ’bout.
(Fixed)
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