Re:The Truth Is Paywalled but the Lies Are Free
by zaroth on Monday August 03, 2020 @09:45AM
(#24037653)
The Netflix CEO is (mostly) rich due to equity holdings, a market value of future cash flow.
Netflix’s actual cash on the other hand has actually gone nearly 100% of revenue to content creators — they actually have taken out quite a lot of debt in order to create their content, because they think they can ultimately earn money on it over time.
But truly you should thank Netflix for ~$50 billion in content creation so far.
Netflix’s actual cash on the other hand has actually gone nearly 100% of revenue to content creators — they actually have taken out quite a lot of debt in order to create their content, because they think they can ultimately earn money on it over time.
But truly you should thank Netflix for ~$50 billion in content creation so far.