Big Law

An Analyst Accuses Netflix of Having a Hidden Agenda With Its Microsoft Partnership

Netflix (NFLX) has chosen Microsoft (MSFT) to help roll out its new ad-supported offering — but one analyst says the deal might conceal “a hidden agenda” while questioning the timeline of this agreement.

“It could be that Netflix is looking for an exit,” Laura Martin, Needham senior analyst, told Yahoo Finance Live on Thursday, proposing perhaps the streaming giant is making long-term play to be acquired by Microsoft.

The analyst went on to explain that no other company that Netflix could have partnered with would have been able to make the $100 billion purchase, either due to financial constraints or regulatory issues.

“Netflix is trying to get closer to Microsoft in hopes that, after Microsoft digests its Activision acquisition, it turns and buys Netflix next,” Martin suggested.

Read the source article at Yahoo Finance

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