Quote:
Originally Posted by The Turtle Terminator
Doesn’t Netflix lose money on everything they own? Like don’t they pay too much for everything they own compared to their return or is that just a joke rumour?
|
Not quite. Netflix works in the red. Their entire budget is dependent on debt as they've accumulated so much of it for production and programming. Their reasoning is that they'll earn that money back ten fold in the long term. Time will tell if they're right I guess.