CNBCのインスタグラム(cnbc) - 3月28日 20時05分
Wall Street values Netflix like a high-growth tech company. Investors have given it a market cap of about $157 billion on annual revenue of $15.8 billion in 2018. By way of comparison, Disney is valued at roughly $169 billion on annual revenue of $59.4 billion in 2018.
But Netflix CEO Reed Hastings just argued that his company is actually more of a media operation than a tech one.
Hastings’ response came after Recode asked him about the role U.S. lawmakers should play in regulating tech companies when it comes to privacy and antitrust. If seen as a media company, Netflix could have a chance of avoiding the limelight as regulators and politicians take a stance on big tech regulation.
What do you think? Is Netflix more a tech company or more of a media company?
Learn more at the link in bio.
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#Netflix #tech #Media #ReedHastings #bigtech #regulation #privacy #antitrust #media #ceo #investing #tradertalk #valuations #technology #tech #news #technews #business #businessnews #Recode #CNBC #cnbctech
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