Friday, April 6, 2018

Netflix Seeks To Buy Billboard Company, Says Report

Scotts Valley-based Netflix is looking to acquired Los Angeles-based Regency Outdoor Advertising, according to a report on Friday. The report, from Reuters, says that Netflix has offered around $300M for Regency Outdoor, which owns a number of high profile billboard locations across the Los Angeles metropolitan area. The report cited "people familiar with the matter."