$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

https://finance.yahoo.com/news/netflix-rises-after-choosing-…

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.

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“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.

https://schrts.co/FckzMBfz

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

https://schrts.co/QWEVVdIX

:pushpin: $NFLX monthly chart

https://schrts.co/VajfUeJz

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

https://schrts.co/wkUEmYzK

:pushpin: $MSFT weekly chart

https://schrts.co/QEQEthIX

:pushpin: $MSFT monthly chart

https://schrts.co/GysrBsAb