Yahoo Once Considered Buying Netflix — but Unfortunately Acquired Tumblr Instead, Ex-CEO Says

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Yahoo Once Considered Buying Netflix — but Unfortunately Acquired Tumblr Instead, Ex-CEO Says
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Coulda, woulda, shoulda? Ten years ago, Yahoo was looking for a “transformative” acquisition, former CEO Marissa Mayer said in a recent interview with Tech Brew. Among the targets the i…

“We looked at a transformative acquisition, and we bought Tumblr,” Mayer said.

“At the same time, we were also considering whether it was possible to buy Hulu or, ironically, Netflix. And I think Netflix was $4 billion and Hulu was at $1.3 billion at the time. And either of those, with hindsight being 20/20, would have been a better acquisition.”

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