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Short answer: Yes, the deal is remarkably like the Howard Sperm deal with SIRI which, after an initial pop, drove the stock to 13 CENTS from nearly $8.If the deal is not per use, it is a loss and cash drain up front, chrome on a rusty bumper shiny and ready to fall off.I wish we knew more about the fabric of the deal.Really unsettling and eerily familiar.
agree. knowing netflix, the worst parts of the deal are buried in the terms.
Didn't I read that they already have $2.4 Billion in licensing liabilities?....