Reed Hastings says Netflix has ‘no big appetite, no big need’ for mergers (NFLX)
|04/17/2019||Posted by BusinessMediaguide.Com under General World News||
- Netflix hasn’t made many acquisitions to date, and doesn’t plan to go on a shopping spree now, CEO Reed Hastings said Tuesday.
- The company still has plenty of room to grow by just focusing on developing new shows and movies and improving its service, he said.
- Hastings’ comments follow some major Hollywood mergers, and come amid pressure on new player Apple to get in the game.
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Don’t expect Netflix to make any big acquisitions anytime soon.