Netflix deep in debt
"On Monday, Los Angeles Times revealed that Netflix is spending so much money on original content and that has resulted in a $20.54 billion debt."
"Netflix may be one of the biggest streaming services but it may also be bleeding money according to a new report."
"According to the report, Netflix IS aware of the debt and expects “to be free-cash-flow negative for many years”.
SOURCE: http://etcanada.com/news/244902/netflix ... n-in-debt/