Analyst says Netflix realizes they can 'run the table' by going after content

Netflix CFO Spencer Neumann (NFLX) spoke on Netflix's fourth-quarter conference call stating "we are not interested in some of the bigger linear assets that may or may not be available." The company recently announced a massive deal with TKO (TKO) to become the streaming home of WWE RAW, showing continued investment in content over companies.
Brightcove CEO Marc DeBevoise joins Yahoo Finance to discuss the comments made by the Netflix CFO and give insight into the company's strategies moving forward.
DeBevoise states: "The other streamers have pulled back on content and marketing spend. They're having to rationalize their technology spend... Netflix doesn't have those issues. They've built that technology stack. It's in the right place. It's at the right cost level. They are profitable... They can go after those subs and those shows, and they can find the right ways to invest and really drive subscribers. "
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