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Core News Facts
Netflix has announced its acquisition of Warner Bros. Discovery for $72 billion in equity value, aiming to leverage new opportunities for growth in the streaming market. The company’s revenue has grown significantly, driven by an increase in paid subscribers and plans to enter the sports streaming sector, including potential bids for UEFA Champions League rights.
Shopify, recognizing the e-commerce boom, has simplified the process of establishing online storefronts, which has fueled rapid revenue growth. Although it’s not yet consistently profitable, recent strategic changes have improved its financial performance, making it well-positioned to capture more market share in the years ahead.
Key data points include Netflix’s trailing-12-month revenue of $43.3 billion and an estimated addressable market of over $650 billion. Shopify is capitalizing on a sector where online transactions account for less than 20% of total retail transactions in the U.S.
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