Netflix (NasdaqGS:NFLX) is sharpening its capital allocation approach, emphasizing profitability and margin discipline. The company is widening its focus beyond on demand streaming to advertising, live sports, gaming and experiential venues. Management recently chose not to pursue a potential merger with Warner Bros. Discovery, signaling a preference for self funded growth. Netflix shifted from a pure subscription streaming pioneer into a broader entertainment platform that includes ad…Read More
