AmericanGUY 4,609 Posted July 31, 2017 Share Posted July 31, 2017 According to the LA Times, Netflix has racked up a hefty bill of $20.54 billion in long term and short term debt in its effort to create more original content. The company hoped producing more original content would help increase subscriber growth which has been a contributing factor to revenue. Despite having 104 million subscribers worldwide, some industry experts say Netflix may soon have to step into reality if they fail to produce hit shows. “Nobody is ever the dominant player forever,” said Mike Vorhaus, president of Magid Advisors, a media, and digital video consultancy. “I think they're going to need some luck in not drowning in debt in the ultimate slowdown of growth.” A lot of Netflix's expenses come from licensing TV series and movies. source: theshaderoom.com ꧁ 𝕛'𝕧𝕖𝕦𝕩 𝕡𝕒𝕤 𝕞𝕠𝕦𝕣𝕚𝕣 𝕥𝕠𝕦𝕥𝕖 𝕤𝕖𝕦𝕝𝕖 ꧂ Link to post Share on other sites More sharing options...
En_Sabah_Nur 9,366 Posted July 31, 2017 Share Posted July 31, 2017 That explains where the budget comes from then, at least when it comes down to creating their top notch original programming... I always wondered where they got the money for all this from?!?!?! 🤔 Egypt. W Link to post Share on other sites More sharing options...
97 1,140 Posted July 31, 2017 Share Posted July 31, 2017 Saddened to hear this tea I DON'T WANT YOUR MONEY, I JUST WANT YOUR SOUL HONEY. Link to post Share on other sites More sharing options...
OBEY 57,109 Posted July 31, 2017 Share Posted July 31, 2017 I was thinking about that too Like, networks like ABC charge 150k for a 30 seconds commercial during the TV show "Scandal" so that helps pay the actors, the sets, etc. But with Netflix i was thinking the subscription revenue was probably not enough Link to post Share on other sites More sharing options...
Talent 9,333 Posted July 31, 2017 Share Posted July 31, 2017 Sense8, ha revenge! 🔵 - Banned because I quoted a stupid meme. Literally. So, yeah. Link to post Share on other sites More sharing options...
Ryusei 61,502 Posted July 31, 2017 Share Posted July 31, 2017 whaaaat they have a lot of popular shows tho? And with all the subscribers how are they in debt Musery Link to post Share on other sites More sharing options...
TimisaMonster 31,073 Posted July 31, 2017 Share Posted July 31, 2017 Most of their original content is weak. They need to make better shows and stop rushing out any script that lands on their desk hoping something sticks with the audience... I too was wondering how do they have the money to make so many shows and movies! Stream my new single, 💜"Heartbeat"💜, on Spotify! Link to post Share on other sites More sharing options...
Andrea B 16,761 Posted July 31, 2017 Share Posted July 31, 2017 omg no i'm a netflix ho some of their shows are really good Link to post Share on other sites More sharing options...
Mythos 3,199 Posted July 31, 2017 Share Posted July 31, 2017 It's just a clickbait news, that debt doesn't mean anything without a context. Link to post Share on other sites More sharing options...
PunkTheFunk 125,734 Posted July 31, 2017 Share Posted July 31, 2017 Netflix and Chill? More like Netflix and Unpaid Bills Link to post Share on other sites More sharing options...
Tom Nook 37,820 Posted July 31, 2017 Share Posted July 31, 2017 They may have to raise subscription prices or invest in Ad Revenue like Hulu Plus sometimes does Uh Red Wine... Convict... Gah Gah... Link to post Share on other sites More sharing options...
socotra 3,357 Posted July 31, 2017 Share Posted July 31, 2017 6 minutes ago, Alolan Raichu said: They may have to raise subscription prices or invest in Ad Revenue like Hulu Plus sometimes does Hulu Plus still has ads? Link to post Share on other sites More sharing options...
Tom Nook 37,820 Posted July 31, 2017 Share Posted July 31, 2017 Just now, Indyl said: Hulu Plus still has ads? Some licenses that Hulu has still reenforce advertisements but not all of them Uh Red Wine... Convict... Gah Gah... Link to post Share on other sites More sharing options...
kvnrp 48,353 Posted July 31, 2017 Share Posted July 31, 2017 23 minutes ago, Ryusei said: whaaaat they have a lot of popular shows tho? And with all the subscribers how are they in debt A show like Sense8, Marco Polo or House of Cards is not cheap. No wonder the big stations execpt for premium cable like HBO or AMC are only doing a very few big budget shows. Link to post Share on other sites More sharing options...
freebit 6,264 Posted July 31, 2017 Share Posted July 31, 2017 They made a mistake getting rid of a chunk of their library in favor of these original series. I just signed up for Hulu about a month ago and I'm already using if far more than I do Netflix - there's just more choice. I'd rather watch a older, or harder to find series or movie than most of these current Netflix Originals. 16 minutes ago, TimisaMonster said: Most of their original content is weak. They need to make better shows and stop rushing out any script that lands on their desk hoping something sticks with the audience... I too was wondering how do they have the money to make so many shows and movies! This. I feel like a Netflix original used to come with some sort of signifier of quality. They should have just stayed more selective. Link to post Share on other sites More sharing options...
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