Seeking Alpha analysts are divided on whether Netflix needs to make an acquisition. Oliver Rodzianko argues Netflix is best off reacquiring its own stock, citing a $27.1 billion repurchase authorization and management's preference for building over buying, though he names Lionsgate Studios as the clearest public content option if permanent IP is desired. Steven Mallas contends Netflix should acquire to more easily enter the theatrical business, calling Lionsgate an ideal target with an enterprise value around $8 billion that would expand Netflix's intellectual property portfolio. Elina Selianska counters that big M&A makes zero strategic sense, noting Netflix has hit a hard ceiling in North America and that buying legacy studios would not provide new geographic reach or better technology, while further expansion into fragmented markets like Europe would crush margins.
Netflix IncAnalysts debate whether Netflix should acquire, with arguments for and against; no clear impact.
Lionsgate Studios Holding Corp. Analysts name Lionsgate as an ideal acquisition target for Netflix, which could boost its stock.
Walt Disney Company
Paramount Skydance Corporation
Warner Bros Discovery Inc