Wednesday, February 09, 2022 13:30:47 UTC

The simplest and wisest course of action would be to combine with ViacomCBS in an all-stock deal.

The transaction may be highly accretive to current financial performance, provide Netflix with the leading cable-killer PlutoTV streaming asset, and offer up synergy opportunities with the top-rated CBS television network in the United States.

Netflix dropped 20% a few weeks ago after announcing new subscriber additions that just missed projections (8.28M vs. 8.5M) and issuing muted outlook for the current quarter.(More)

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