Netflix Faces Challenges Amid Acquisition Talks and Subscriber Engagement Concerns

Netflix is reportedly in talks to acquire Letterboxd while facing concerns over declining subscriber engagement. Analyst Jason Bazinet from Citi lowered the price target for Netflix shares, citing tepid viewership and lack of investor enthusiasm.

By Jeff Lewis Wed, July 15, 2026 at 5:24 PM GMT+3 2 min read · Yahoo Finance ·

Netflix Faces Challenges Amid Acquisition Talks and Subscriber Engagement Concerns

Tickers: $NFLX $PSKY $SONY

Topics: Letterboxd Netflix Streaming Industry

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