Following these drastic discounts, $Disney(DIS.US)$ is now in a better...
Following these drastic discounts, $Disney(DIS.US)$ is now in a better position to capitalize the fast growing market in India. Moreover, Netflix is in acquisition mode this year. In November, it announced that it is acquiring Scanline VFX, a company that specializes in virtual production. It has worked with Scanline before on productions such as Strangers Things and Cowboy Bebop. In addition to that, the company also reportedly spent over $700 million to purchase the Roald Dahl Story Company. The latter holds the rights to author Roald Dahl’s characters and stories, which gives Netflix ample material for series and movies.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
Sign in to post a comment