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>$2B gone in 6 months must be something of a record for burn rate 2 billion is chump change for the market they're in. Netflix is spending 15 billion a year o
by treis 6y ago
>$2B gone in 6 months must be something of a record for burn rate
2 billion is chump change for the market they're in. Netflix is spending 15 billion a year on content, Amazon and Apple like 6 billion a piece, and Hulu is around 3.
Cash burn is similar. Netflix is 10s of billions in the hole since they were founded and continues to burn a few billon a year.