People may still be reeling at Disney’s huge power grab in their acquisition of 21st Century Fox, but reports say another big acquisition could be on the horizon.
Analysts from Citi are predicting a 40% likelihood of Apple acquiring Netflix. Business Insider says that the newly-passed corporate tax cuts have made the acquisition look feasible and very promising for Apple.
Apple is reported to have a lot of funds overseas, and this tax cut could allow Apple to repatriate the money to make the Netflix acquisition without suffering a huge tax hit. The acquisition makes a great deal of sense for Apple, as the company has tried rolling out original content in the past with little success.
Many users have even migrated away from iTunes in favor of Hulu or Netflix when it comes to engaging in their favorite movies and television shows. Aligning with Netflix could help Apple not only get a corner market on content streaming, but original content creation as well. Apple has just recently dipped its toe in the waters of original content creation with a new scripted show starring Jennifer Aniston and Reese Witherspoon.
According to Citi analysts Jim Suva and Asiya Merchant, the time is now for Apple. “The firm has too much cash — nearly $250 billion — growing at $50 billion a year. This is a good problem to have.” It just may be the perfect time for the company to acquire Netflix. Plus, Suva and Merchant say Apple would likely only need a third of their cash to land the streaming service.
We’ll have to see if this prediction comes true. The report came out before the Disney/Fox merger was announced, but it still seems like an Apple/Netflix merger is a real possibility.
Would you like to see Apple acquire Netflix?
Between the announcement of a Birds of Prey movie and Steven Spielberg at the helm of Blackhawk, it’s been a week of good news for DC fans. So what do these movie choices mean for the future of the DCEU?
The 100 season 5 kicks off with the formidable “Eden,” in which Clarke Griffin proves, in a dozen different ways, why she is the best lead character on TV.
Director Wes Ball wraps up his Maze Runner Trilogy experience by discussing his favorite Death Cure featurette, if he’d do a Fever Code movie, and more!
The Handmaid’s Tale season 2 widens the lens of Margaret Atwood’s novel — but is it worth the trip back to Gilead?
I Feel Pretty may look like a one woman show starring Amy Schumer, but the movie features another in a long line of incredible supporting performances from Michelle Williams.
It comes down to who's more stubborn, Madison or the Vultures?
Accio, exciting new role!
A Quiet Place succeeds where many movies of its kind have failed, because it knows that suspense can rely on much more than just the big monster reveal.
There’s more of Miss Peregrine’s Peculiar Children coming your way this fall!
Leah on the Offbeat delivers all the charm of Simon vs. the Homo Sapiens Agenda and continues to tell a hopeful story about friendship and love.
Recent Podcast Episodes
Hype Podcast #184 talks The 100 season 5, Avengers: Infinity War, Harry Potter, The Magicians and much more.
Join ReWatchable as we discuss a very harmonious Angel 5×09, “Harm’s Way,” and welcome a new hero (?) in Angel 5×10 “Soul Purpose.”
- Resistance Radio
Mikey, Kaitlin, Ben and Dan-O are back with the latest news from a galaxy far far away and we talk about this years Force Friday and the toys from Solo: A Star Wars Story!
Join ReWatchable as we discuss Angel 5×07, “Lineage,” and Angel 5×08 “Destiny.”