The Breaking Bad and Office examples really nail why this acquisition makes sense strategicly. Netflix trained audiences to love content they didnt own, then watched those IPs walk away to competitors. The shift from "builders not buyers" is intresting but logical given how much value they left on the table. Though 67B in financing at 3.8x leverage is definately bold after years focusing on cash generation.
The Breaking Bad and Office examples really nail why this acquisition makes sense strategicly. Netflix trained audiences to love content they didnt own, then watched those IPs walk away to competitors. The shift from "builders not buyers" is intresting but logical given how much value they left on the table. Though 67B in financing at 3.8x leverage is definately bold after years focusing on cash generation.