Forbes

Netflix Shares Are Showing The Impact Of The Streaming Wars But Much More Downside Lies Ahead

Netflix Shares Are Showing The Impact Of The Streaming Wars But Much More Downside Lies Ahead

The longer-term issue facing Netflix has been management’s decision to use debt ($12.6 billion at June 30th, after issuance of $9.2 billion in debt in the past two-and-a-half years) to finance the company’s massive content liability ($8.4 billion at June 30th.)

Source: Forbes – Markets
Date: September 21, 2019, 04:58