TIME TO HANG CRIMINAL THUG REED HASTINGS SCAM GANG AND SEIZE THE LOOT
ARREST ROBERT KHUZAMI/MARY SCHAPIRO SCMA GANG AT "SEC'
View all Topics | View all Messages < Newer Topic | Older Topic >
Re: HELLO SINGHLION BASHERS?GOD SENT EMSSENGER FOR USA ZOMBIE WORKING CLASS 24-Oct-11 08:51 pm
go get your $ucked BRAIN FIXED AND GET A HISTORY LESSON
WHO ARE SINGH'S??
ZOMBIE CLOWN ..THINK BEFORE YOU BARK
The Real Reason Hollywood Studios Should Beware of Netflix (Opinion)
2:18 PM PST 11/30/2011 by Tony Wible
Media analyst Tony Wible warns of a coming debt crisis given the company's dependence on trade credit to buy content.
Everyone knows Netflix has been an aggressive buyer of Hollywood movies and television shows -- in March, it acquired rights to distribute David Fincher's dramatic series House of Cards, and on Nov. 18, it announced a deal to revive Arrested Development. As of last quarter, it had $3.5 billion in off-balance-sheet obligations for content. However, a closer look at the company's financial statements reveals two things that should be troubling for investors and entertainment companies.
Netflix down 5.3% on S&P downgrade
Stories You Might Like
U.S. stock futures, gold futures sharply higher
Europe stocks open lower, led by French banks
Banks in Trouble - What Will Happen to your Money? BBC Business Video (Sponsored)
3 Comments Share Email Print By David B. Wilkerson
CHICAGO (MarketWatch) -- Shares of video rental company Netflix Inc. NFLX -3.32% were down 5.3% Tuesday, erasing the previous session's gains, after Standard & Poor's Ratings Services late Monday cut its rating on the company's debt to BB- from BB. The outlook is stable. S&P cited its view "that escalating content commitments will lower profitability over the intermediate term, international expansion will have a greater impact on overall profitability, and a return of domestic subscriber growth could occur slightly later than we initially expected." Netflix said recently that it now expects to incur a loss for 2012 due to new international services in the U.K. and Ireland.