FT News Briefing SoftBank take-private talks, Netflix to outspend on content, economic stimulus in Germany vs France
Sep 14, 2020
SoftBank is considering taking itself private, sparking intrigue in the tech world. Meanwhile, Netflix plans to outspend its competitors on content this year, aiming for dominance in entertainment. The conversation also dives into the differing economic recovery strategies of Germany and France during the pandemic. France's gamble on tax cuts and green investments contrasts sharply with Germany's focus on direct payments to stimulate demand. This mix of tech strategies and economic approaches offers a riveting look at today's market dynamics.
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SoftBank's Shift in Strategy
- SoftBank's CEO, Masayoshi Son, has reconsidered Arm Holdings' role, selling it for $40 billion after deeming it crucial.
- This sale follows SoftBank's stock market speculation, causing investor concern and share devaluation.
SoftBank's Privatization Talks
- Masayoshi Son's frustration with public company constraints and the perceived "Masa discount" on SoftBank's stock fuels his interest in privatization.
- Son believes his unique vision is misunderstood by the market, preferring less scrutiny and more autonomy.
Netflix's Content Spending Spree
- Netflix's content spending surpasses rivals, exceeding $13.5 billion in 2020, despite production delays.
- This highlights a growing disparity between streaming giants and traditional broadcasters amid the pandemic.