Podcast Episode 5: Netflix Earnings and Competitive Pressure; DOJ and FTC’s Potential Impact on Microsoft Acquiring Activision Blizzard
Podcast Episode 5 is live! This week we discuss Netflix Earnings and Competitive Pressure; DOJ and FTC’s Potential Impact on Microsoft Acquiring Activision Blizzard; Limelight’s Networks Earnings and Increasing Sports Licensing Costs – https://www.danrayburnpodcast.com
This week we breakdown Netflix’s Q4 earnings after watching the stock drop over $100 the next day, also causing new 52-week lows for stocks from Disney, Roku and fuboTV. We also discuss the proposed $69 billion acquisition of Activision Blizzard by Microsoft, announced on the same day that the DOJ and FTC discussed plans to update and modernize merger enforcement guidelines, something that could mean more rigorous scrutiny of major tech and media transactions. Other news highlighted includes Limelight Networks earnings, the rumor of DAZN in talks to acquire British channel producer BT Sports for $800 million and fuboTV raising their RSN Fee in New England.
Companies and services mentioned: Netflix, Disney, Roku, fuboTV, Limelight Networks, DAZN, Microsoft, Activision Blizzard, Discovery, WarnerMedia, Amazon, MGM, Vimeo, Peacock TV, Apple, Amazon, NHL.