Netflix Has Room To Grow Without Acquiring WBD, CFO Says: “Even Though We're Pretty Big, We're Pretty Small”

Netflix CFO Spencer Neumann said the company has plenty of room for growth despite its decision not to stay in the running to acquire Warner Bros. Discovery. “Even though we’re pretty big, we’re pretty small,” the exec said at the Morgan Stanley Technology, Media & Telecom Conference. Elaborating, he continued, “Every way we look at our addressable market, we’re still less than 10% view share in every country in which we operate. We’re about 7% of the addressable revenue market. So, we’re small in kind of ...