from24/7 Wall St.
4 days agoAmazon Should Buy Netflix
Netflix Inc. ( NASDAQ: NFLX) is the largest streaming media company in the world, with 300 million subscribers and an annual revenue run rate of almost $50 billion. Amazon.com Inc. ( NASDAQ: AMZN) has a subscriber count near 200 million. Netflix is in the business to make money from streaming. Amazon is in the business, in large part, to help it gain Prime members, which drives its e-commerce business more than anything else.
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