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Ted Sarandos Says Netflix Sees Path To Trillion Dollar Valuation
Netflix co-CEO Ted Sarandos said the giant streamer’s long-term ambition is to become a trillion-dollar company, and that it’s achievable.
The Wall Street Journal reported earlier this month that Netflix management set a target of $1 trillion market capitalization — something achieved by very few companies — by 2030. “Not to say we won’t be more adventurous as we get bigger and broader,” he added, noting with pride the Broadway opening of Stranger Things: The First Shadow based on the streamer’s long-running series. The company has consumer products, Squid Games and Bridgerton live events and is opening two experiential and retail spaces in Philadelphia and Dallas.
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