The streaming giant's returns have beaten the market by a wide margin.Netflix (NFLX +0.35%) has been back in the news recently with its bid to acquire the majority of Warner Bros. Discovery's assets. Although there's a way to go until that massive deal closes (or falls apart), it represents a new direction for the streaming king.Netflix has done this several times before -- pivoting into an adjacent business and pioneering new media directions. And if you had invested $500 in its stock 10 years ago, back wh ...