Disney, AT&T and Comcast v Netflix, Amazon and Apple
In the entertainment wars, billions of dollars are being torched. Someone will get hurt
WHO MIGHT buy Netflix? Speculation on the matter has risen in line with the streaming giant’s own ascent in the past decade. Apple, with its cash hoard, was a frequently rumoured suitor. Or perhaps Amazon, or big distributors like AT&T or Comcast. At one point, industry sources say, Bob Iger of Disney directly asked Reed Hastings, the boss of Netflix, if he would welcome an offer (Mr Hastings said no).
This article appeared in the Business section of the print edition under the headline “Streamlined”
Business March 30th 2019
- Disney, AT&T and Comcast v Netflix, Amazon and Apple
- Hyundai is falling behind its Japanese and Western rivals
- The skills leaders need
- Naspers plans to spin off its Tencent stake and other holdings
- Lyft will be the first ride-hailing company to float its shares
- A giant Chinese trainmaker hits the buffers abroad
- Elliott and Vivendi fight over Telecom Italia
- REBA is a new lobby for corporate buyers of clean energy
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