this post was submitted on 15 Aug 2023
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They had a $14.5 billion debt of as of march last year. Servicing that at the super low interest rates of the past decade was so well and good, but that time is over, and now those lenders want their pound of flesh.
Oh interesting, I haven't heard this side of it before. All I keep hearing is how streaming is super lucrative and how all these companies are rolling in profits.
I think Netflix should stop streaming entirely, and sell a subscription to their platform (and app!) to Disney+ and others.
Please, at least to Disney+. I'm begging. Especially to replace the Disney+ garbage bin of an app.
Please Netfix. For me.