Economy 52,861 Posted October 21, 2019 Share Posted October 21, 2019 https://www.bnnbloomberg.ca/netflix-borrowing-us-2-billion-as-war-for-content-heats-up-1.1334725 Netflix is borrowing another $2 Billion amid the war for content The aditional borrowing will take the companies total debt to $15.5 Billion Netflix has yet to have a profitable year since bursting into the scene adding red inc to its books year after year Link to post Share on other sites More sharing options...
tomsches 17,550 Posted October 21, 2019 Share Posted October 21, 2019 Wow I didn't know that. Thankfully I dont pay for my account Link to post Share on other sites More sharing options...
Regina George 59,387 Posted October 21, 2019 Share Posted October 21, 2019 wtf netflix Link to post Share on other sites More sharing options...
Red 99,113 Posted October 21, 2019 Share Posted October 21, 2019 I have a feeling Netflix won’t survive the 2020s. If you see me posting like crazy, I'm either bored or procrastinating. Link to post Share on other sites More sharing options...
Mistress Dita 331 Posted October 21, 2019 Share Posted October 21, 2019 Why are they allowed to keep borrowing money without any payments being made. Who is allowing this for a ****ing entertainment company Link to post Share on other sites More sharing options...
RAMROD 117,096 Posted October 21, 2019 Share Posted October 21, 2019 They have plenty big budget shows lately is probably why. Some subscribers, if not most are seasonal than regular. Who just gonna renew their subscription when their fave shows returns with new seasons such as Stranger Things (ﾉ◕ヮ◕)ﾉ✧*:･ﾟ ᶠʳᵒⁿᵗ ᵗᵒʷᵃʳᵈ ᵉⁿᵉᵐʸ (*´艸｀*) ♡♡♡ Link to post Share on other sites More sharing options...
AdmistTheLight 2,269 Posted October 21, 2019 Share Posted October 21, 2019 2 minutes ago, Red said: I have a feeling Netflix won’t survive the 2020s. It will, after being bought by Disney that is. Liberaté mi amor Link to post Share on other sites More sharing options...
Red 99,113 Posted October 21, 2019 Share Posted October 21, 2019 2 minutes ago, Mistress Dita said: Why are they allowed to keep borrowing money without any payments being made. Who is allowing this for a ****ing entertainment company Banks will give money to everyone that isn’t poor, apparently. If you see me posting like crazy, I'm either bored or procrastinating. Link to post Share on other sites More sharing options...
Pop Music 20,540 Posted October 21, 2019 Share Posted October 21, 2019 the iconic disney + isn't even out and it still remains unbothered Pop Music and Lady Gaga forever! Link to post Share on other sites More sharing options...
Red 99,113 Posted October 21, 2019 Share Posted October 21, 2019 2 minutes ago, AdmistTheLight said: It will, after being bought by Disney that is. The only reason I see someone trying to buy them is the huge amount of subscribers cause their catalogue isn’t that desirable If you see me posting like crazy, I'm either bored or procrastinating. Link to post Share on other sites More sharing options...
Economy 52,861 Posted October 21, 2019 Author Share Posted October 21, 2019 3 minutes ago, Mistress Dita said: Why are they allowed to keep borrowing money without any payments being made. Who is allowing this for a ****ing entertainment company They are making payments tho They havent defaulted on any of their bonds if they missed payments they wouldnt so easily be able to issue new bonds. Investors, banks and pension funds would stop buying them Link to post Share on other sites More sharing options...
Sneaky Oliver 22,985 Posted October 21, 2019 Share Posted October 21, 2019 4 minutes ago, AdmistTheLight said: It will, after being bought by Disney that is. This Disney monopoly has to stop tbh Link to post Share on other sites More sharing options...
BenG 19,908 Posted October 21, 2019 Share Posted October 21, 2019 Spotify teas Link to post Share on other sites More sharing options...
Economy 52,861 Posted October 21, 2019 Author Share Posted October 21, 2019 9 minutes ago, Red said: Banks will give money to everyone that isn’t poor, apparently. Everyone loves to hate on Corporations without understanding anything about it Most Multi-Billion Dollar companies financing isnt done by banks (tho a portion can be) they sell bonds that anyone can purchase: investors, banks, mutual funds, pension funds, even individual average joes when the bond matures they pay u back principal plus interest (some bonds give u the interest spread out over time during term instead) and they usually have to sell new bonds to cover their old ones plus new borrowing This is how Countries borrow money as well but they always pay the debt thats due if they dont and they default, their credit rating gets dropped to junk status and junk bonds not only demand very high interest for investors to be willing to buy bonds with such a high risk of not being payed back, or even with high interest they cant get enough financing Netflix bonds are not junk status because theyve always payed them on time when they are due @Mistress Dita Because of their high debt load tho they are considered riskier than many other Companies tho so if im not mistaken Netflix bonds pay a higher interest than many Companies. Link to post Share on other sites More sharing options...
Zedd 6,487 Posted October 21, 2019 Share Posted October 21, 2019 Imo there should be one payment for most of streaming services and user could choose what he want to watch, for example: I want to watch Scream Queens, because it's on Hulu, but I won't pay for it only to watch one series, cause I watch Netflix daily. Imo it could be like this: you spent 6 hours on watching Hulu and 14 hours on watching Netflix? Okay, let's assume it and you'd get the cost to pay. The ARTPOP Zedd Link to post Share on other sites More sharing options...
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