Netflix Floats Within $ 1.6 Billion Debt
Starting a new era in online content consumption, Netflix continues to increase its debts. This is because of rising content production costs.
Netflix, which increased its debt forecast by making a statement today, said they are expecting a debt of $ 1.6 billion, saying that their costs have risen even more. The statement also emphasized that the cost of the company's next year's productions could reach up to $ 8 billion.
The statement is attributed to Netflix's high-income chart coming in last week. In addition, the firm has surpassed expectations and has gained more revenue by having more followers. The company plans to spend an estimated $ 7 to $ 8 billion next year on content production. This amount has risen 1 billion more than last year's 6 billion dollars. The company wants to collect Emmy awards along with its original productions, to get high marks from Metacritic, and to gop out new user's money.
Netflix will continue to focus heavily on original content production, and will earn new subscriptions with these content no matter how boring it is. Netflix rethinking the price increase; Although this decision will not have much impact in the international market where most of the new subscribers have been earned, the number of followers of the company in the United States may suffer from this blackout.
Netflix shares, which have followed an incredible trend since last year, have made a leap of 56%. How indispensable is Netflix? Do you use? We expect comments.
Netflix, which increased its debt forecast by making a statement today, said they are expecting a debt of $ 1.6 billion, saying that their costs have risen even more. The statement also emphasized that the cost of the company's next year's productions could reach up to $ 8 billion.
The statement is attributed to Netflix's high-income chart coming in last week. In addition, the firm has surpassed expectations and has gained more revenue by having more followers. The company plans to spend an estimated $ 7 to $ 8 billion next year on content production. This amount has risen 1 billion more than last year's 6 billion dollars. The company wants to collect Emmy awards along with its original productions, to get high marks from Metacritic, and to gop out new user's money.
Netflix will continue to focus heavily on original content production, and will earn new subscriptions with these content no matter how boring it is. Netflix rethinking the price increase; Although this decision will not have much impact in the international market where most of the new subscribers have been earned, the number of followers of the company in the United States may suffer from this blackout.
Netflix shares, which have followed an incredible trend since last year, have made a leap of 56%. How indispensable is Netflix? Do you use? We expect comments.
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