10 votes

Don't Look Up | Official teaser trailer

2 comments

  1. [3]
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    1. [2]
      soks_n_sandals
      Link Parent
      The Land of the Giants podcast has a season on Netflix and gets into their budget and its woes. Netflix actually way overspends what it takes in and is in quite a lot of debt. I don't recall the...

      The Land of the Giants podcast has a season on Netflix and gets into their budget and its woes. Netflix actually way overspends what it takes in and is in quite a lot of debt. I don't recall the podcast drawing the comparison directly, but it seems like a lot of tech companies (though I understand Netflix probably wouldn't call themselves a "tech" company) where they go into a lot of debt to keep prices low and quality of service high and then?? They have to pay up sometime and either prices will skyrocket or they simply disappear. It'll be interesting to see how long Netflix can keep it up.

      3 votes
      1. zptc
        Link Parent
        Relevant article from Jan 2021: https://www.cnbc.com/2021/01/19/netflix-says-cash-flow-positive-after-2021-no-more-external-financing.html

        Relevant article from Jan 2021: https://www.cnbc.com/2021/01/19/netflix-says-cash-flow-positive-after-2021-no-more-external-financing.html

        Netflix said Tuesday it will be cash-flow positive after 2021 and around break even with cash flow in this year.

        The company said it doesn't intend to need any more outside financing after borrowing $15 billion since 2011.

        4 votes