Netflix's $83 Billion Warner Bet: Why YouTube Is The 'Threat' According To Co-CEO - Netflix (NASDAQ:NFLX)

Netflix Inc. (NASDAQ:NFLX) is making waves with its $82.7 billion all-cash acquisition of Warner Bros. Discovery Inc. (NASDAQ:WBD), marking a dramatic shift from the streaming giant’s traditional “build-not-buy” philosophy.YouTube Is Primary Competitive ThreatIn a Thursday interview with Stratechery‘s Ben Thompson, Netflix co-CEO Greg Peters identified Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) owned YouTube as the company’s most formidable competitor. “YouTube is the formidable competitor. They drive a lot ...