IS NETFLIX DYING?

Netflix invested a lot of money into original content and they may have gotten in over their head. According to the LA Times their debt is $20.54 BILLION!!! Now I don’t know about you, but that’s a lot of money!

It’s reported that they fear Netflix may create a bubble where the content failed to bring in the money that could keep them afloat.

The link to the story is here http://www.latimes.com/business/hollywood/la-fi-ct-netflix-debt-spending-20170729-story.html

 

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