Business
Netflix Surpasses 200M Subscribers – Dark Horizons
As part of its investors call on Tuesday, Netflix surprised everyone with news – that it’s “very close” to becoming a cash-flow-generating company and will no longer…
As part of its investors call on Tuesday, Netflix surprised everyone with news – that it’s “very close” to becoming a cash-flow-generating company and will no longer need external financing reports Bloomberg.
In other words, Netflix is set to become legitimately profitable in the SVOD space – a feat almost no-one has actually achieved. The company, which has been known for years for burning through cash and continuous borrowing, also signalled they may buy back stock in the future – something they…
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