• ThenThreeMore@startrek.website
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    1 year ago

    They had a $14.5 billion debt of as of march last year. Servicing that at the super low interest rates of the past decade was so well and good, but that time is over, and now those lenders want their pound of flesh.

    • pomodoro_longbreak@sh.itjust.works
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      1 year ago

      Oh interesting, I haven’t heard this side of it before. All I keep hearing is how streaming is super lucrative and how all these companies are rolling in profits.

    • MajorHavoc@lemmy.world
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      1 year ago

      I think Netflix should stop streaming entirely, and sell a subscription to their platform (and app!) to Disney+ and others.

      Please, at least to Disney+. I’m begging. Especially to replace the Disney+ garbage bin of an app.

      Please Netfix. For me.