8 ms·
$20B looks so innocent, but that is a staggering amount of money. From merely grazing NH, I feel like Netflix seems to "Secure 2 billion investment" every coupl
by Fifer82 9y ago
$20B looks so innocent, but that is a staggering amount of money. From merely grazing NH, I feel like Netflix seems to "Secure 2 billion investment" every couple of months.
I had the impression the company was essentially working as a street sweeper with a 20 million pound credit card limit.
These documents https://ir.netflix.com/results.cfm https://ir.netflix.com/results.cfm show it is picking up 2.5 billion a quarter.
I am pretty speechless.
- rainbowmverse 9y agoThey're trying to fill the vacuum left by shows they once licensed cheaply and easily. It's all fanning out to other services on better terms. If they don't do this, their library keeps shrinking and dropping in quality. Enough people like Netflix's originals to keep them from losing paying customers as licensed content flees, so it seems like a wise investment.