Financial Daily Dose 1.20.2021 | Top Story: Netflix Hits 200M Subscribers, Halts Massive Borrowing
By EsqSocial Corporation 20/01/21
During its Q4 earnings report yesterday, Netflix announced a significant departure from past practice: it’s done borrowing money (for now, at least). After borrowing “over $16 billion to feed its titanic appetite for content” over the past decade, the ‘Flix is reporting that it’s not only making enough money to pay off its loans while…...
By: Robins Kaplan LLP