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Cash flow might be negative but that's not the same as being in the red. And I'm not even sure cash flow is negative. Content should be amortized as it will ge
by cletus 9y ago
Cash flow might be negative but that's not the same as being in the red. And I'm not even sure cash flow is negative.
Content should be amortized as it will generate revenue for years. It's essentially being treated as a capital expense, which isn't unreasonable.