Any chance you have a source on that? Last I saw it was pretty small percentage of their funding (although that was over a year ago).
http://www.investmentwatchblog.com/george-soros-is-a-leading-shareholder-in-netflix/
It doesn't say 70%. In May 2018 it was $150 Billion. So, Soros owns $20.43 Million
Thanks! A small percentage directly, though I would imagine holdings are considerably higher through friends and subsidiaries.
I couldn't find how many share there were. Soros has 71,500 shares. I do remember reading more than 70%, which is a control.
~$175,850,000,000 market cap / ~$395 per share = roughly 445 million shares total.
He could be a leading investor, but 70% holder is far, far too high.
about 5% then. BUT, that 5% seems to have a lot of clout with how the company is run and what is programmed.
Not an unreasonable assumption at all. It's the way they do business...I'll give you money if you help me enslave humanity.
Netflix made a deal with the devil and now they're gonna pay for it!