Technology content trusted in North America and globally since 1999
7,981 Reviews & Articles | 59,802 News Posts

Apple acquiring Netflix rumors begin again

Apple has over $250 billion in cash, enough to acquire Netflix and not feel it
By: Anthony Garreffa | Business, Financial & Legal News | Posted: Jan 4, 2018 6:49 am

Think about it; Apple acquiring Netflix makes a helluva lot of sense, especially after Disney holds massive properties like Lucasfilm, Marvel, and Pixar.

 

apple-acquiring-netflix-rumors-begin-again_02

 

It's a rumor that has been floating around for a while, but with over $250 billion in repatriated cash that Apple is looking to bring back into the US, a massive acquisition or two could happen.

 

Netflix being acquired by Apple would instantly give the iGiant over 115 million subscribers in a bunch of different countries around the world, with over 50% of them in the US. Netflix also has over 110 new films and TV shows being released throughout 2018, something that would instantly bolster Apple's media prowess.

NEWS SOURCES:Venturebeat.com

Related Tags

Got an opinion on this news? Post a comment below!
loading