Breakingviews predicts Microsoft acquisition of Netflix

Share post:

Microsoft having confirmed a $2.5 billion acquisition of the company behind the hit game Minecraft, LinkedIn for $26 billion, Nuance for $20 billion, as well as a proposed $69 billion acquisition of Activision Blizzard, is also eyeing Netflix according to certain reports.

Microsoft and Netflix already have a close relationship. Microsoft was chosen as Netflix’s advertising partner for a new advertising-supported subscription service. Microsoft President Brad Smith also serves on the Netflix board of directors. One of the reasons for the agreement is that Microsoft wants to offer a video-game streaming service across multiple devices.

While it is far from confirmed, a Breakingviews prediction for 2023 places Netflix under the control of Microsoft. According to Reuters, the two companies are already in bed together, making it both easier and more logical.

Reuters It was mentioned that Netflix purchased a couple of video game developers in order to offer video games as part of their subscription service. According to Reuters, “becoming part of the Microsoft empire would supercharge those ambitions,” and it’s easy to imagine a collaboration with Game Pass and Netflix.

The sources for this piece include an article in Reuters.

Featured Tech Jobs

SUBSCRIBE NOW

Related articles

Spotify CEO confesses to “rough times after layoffs” – stock price rises

In December, Spotify CEO Daniel Ek announced the largest round of layoffs in the company's history, cutting 1,500...

Zuckerberg shares his vision with investors and Meta stock tanks

In an era where instant gratification is often the norm, Meta CEO Mark Zuckerberg’s strategic pivot towards long-term,...

Apple reduces forecasts for Vision Pro as demand cools in key US market

In an unexpected shift, Apple has drastically reduced its shipment forecasts for the upcoming Vision Pro, indicating a...

FTC says Microsoft’s layoffs at Activision Blizzard may threaten merger approval

The FTC has expressed dissatisfaction with Microsoft's layoffs at Activision Blizzard, challenging the integrity of the Microsoft-Activision deal....

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways