Netflix Considers Strategic Acquisitions as Streaming Competition Intensifies

Netflix has signaled a potential shift in strategy, moving from its traditional 'builder not a buyer' approach to considering major acquisitions, following its attempt to acquire Warner Bros. Discovery's assets. This move has raised questions about how the company will compete in an increasingly crowded streaming market. Co-CEO Ted Sarandos acknowledged the company's ability to execute large deals, indicating a possible change in growth strategy.

By Lillian Rizzo · CNBC ·

Netflix Considers Strategic Acquisitions as Streaming Competition Intensifies

Tickers: $NFLX $WBD

Topics: Corporate Strategy M&A Netflix Streaming Industry Warner Bros. Discovery

Read the full article at CNBC

More World news