Netflix’s next variable isn’t subscribers

SG Visual Research
01-26

The quarter itself was clean.

Growth, margins and cash flow stayed on track.

The real variable now is the WBD acquisition —

not growth, but whether the deal reshapes the structure.$奈飞(NFLX)$  

Netflix's proposed $82.7 billion acquisition of Warner Bros. streaming business triggers US Senate hearings
Netflix plans to acquire Warner Bros. Discovery's streaming media and film and television production business for US $82.7 billion. Senior executives from both parties will attend a U.S. Senate hearing in February to accept regulatory review of the transaction and seek government support.
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