Microsoft is going to buy Netflix, the largest online movie theater. It is reported by Reuters. The deal is valued at $190 billion and is scheduled to be announced in 2023.
If purchased, Microsoft can offer the game streaming service to users on their devices.
According to Reuters, the two companies “are already closely linked.” Netflix has chosen Microsoft as its advertising partner for the new subscription service, and Microsoft Chairman Brad Smith is on Netflix’s board of directors.
Microsoft has been making expensive acquisitions since CEO Satya Nadella joined the tech company in 2014. Microsoft first bought developer Minecraft for $2.5 billion, then LinkedIn for $26 billion, and developer of speech recognition software Nuance for $20 billion.
