TikTok reportedly approaches Netflix in plan for streaming giant to acquire its US operations - ShareIsValue
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Wednesday, August 26, 2020

TikTok reportedly approaches Netflix in plan for streaming giant to acquire its US operations

Netflix is the latest company to be linked to TikTok as the company weighs selling its US operations in the face of Trump's threat to issue a nationwide ban.TikTok approached Netflix to “gauge its interest in a deal” to acquire its US operations, The Wall Street Journal reports. However, the streaming giant reportedly passed on the invitation to get involved in a multibillion deal with TikTok's parent company, ByteDance.Netflix is just one of several tech firms that have been linked to TikTok…

from South China Morning Post https://www.scmp.com/tech/apps-social/article/3098865/tiktok-reportedly-approaches-netflix-plan-streaming-giant-acquire

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