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Netflix Just Made an Important Acquisition on Its Path to Becoming Disney

·4 min read
Netflix Just Made an Important Acquisition on Its Path to Becoming Disney
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There's little question that Netflix (NASDAQ: NFLX) has become the preeminent provider of the streaming services it pioneered. Several recent developments suggest that Netflix is using entertainment powerhouse Walt Disney (NYSE: DIS) as an example of what it can become and is expanding in ways that could eventually make it a direct competitor to the House of Mouse. Reports emerged this week that Netflix would acquire Scanline VFX, a special-effects workshop that had a hand in the production of several Netflix original programs.