$NFLX Chooses $MSFT As Ad Partner

Yahoo Finance headline: Netflix rises after choosing Microsoft as partner to roll out ad-supported tier

Alexandra Canal
Alexandra Canal·Senior Reporter


The streaming giant will partner with Microsoft (MSFT) to help roll out its new ad-supported offering later this year. The tech giant, which generated $10 billion in advertising sales last year, will serve as the streamer’s technology and sales partner.


“Microsoft has the proven ability to support all our advertising needs as we work together to build a new ad-supported offering,” Netflix COO Greg Peters said in a blog post.

“More importantly, Microsoft offered the flexibility to innovate over time on both the technology and sales side, as well as strong privacy protections for our members,” he continued.

:pushpin: $NFLX day chart not flashing a nibble signal yet but getting closer.


:pushpin: $NFLX weekly chart shows the basing going on for the past 11 weeks


:pushpin: $NFLX monthly chart


:pushpin: $MSFT daily chart is not close to a breakout


:pushpin: $MSFT weekly chart


:pushpin: $MSFT monthly chart