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[–]ThrowMeAway2879 10 insightful - 1 fun10 insightful - 0 fun11 insightful - 1 fun -  (1 child)

Please name the 'parent company' then. Netflix is still it's own thing iirc and it serves no one to have 'alternative facts' going around.

[–]ArthnoldManacatsaman🇬🇧🌳🟦 8 insightful - 1 fun8 insightful - 0 fun9 insightful - 1 fun -  (0 children)

It's ignorance of how corporate finance works. I'm not an expert by any means, but I copy a comment of mine from another thread:

FALSE

The Capital Research Group owns 8.6% of Netflix shares. They also own 5.4% of Abbot Laboratories.

Abbot Laboratories does not appear to be directly affiliated with Netflix in any way. They are both companies that have the CRG as a major shareholder, and that's it. One does not own the other.

The Vanguard Group owns 7.9% of the shares in Microsoft. The Vanguard Group also owns 7.45% of the shares in JP Morgan. JP Morgan does not 'own' Microsoft.

I'm as disappointed as the next person (who menstruates?) in Netflix's drinking of the Woke Koolaid, but we cannot peddle misinformation like this.