When discussing the shares of Lionsgate, Link initially thought of splitting off the 11.37% stake in Netflix for separate calculation.
The current market value of Netflix is US$3.8 billion, yes, last year when he acquired Netflix, its market value dropped from over US$12 billion to US$3.2 billion.
At the beginning of the year, Netflix's stock price had recovered to US$4.5 billion, but due to the impact of the stock market and competition from other video streaming sites, by August or September, Netflix's stock price had fallen below US$4 billion again.
Considering that Netflix's market value was temporarily not high and having a large amount of capital on hand, if he wanted to invest in Netflix, he could buy an additional portion of the stock, increasing the original stake of Jin Beike Investments from controlling 5.3% of Netflix's shares to 10%.
There was no need to separate out the Netflix owned by Lionsgate Films to avoid affecting the company's layout.