11 I've seen this on Twitter a few times - Netflix is spending 28 months of subscription fees per new subscriber?! (media.communities.win) posted 1 year ago by TheImpossible1 1 year ago by TheImpossible1 +16 / -5 10 comments download share 10 comments share download save hide report block hide replies
FYI - They securitize their properties. Previously it was standard to model the profit of a movie IP over 5 years, Netflix just declared that should be 10 years instead. That's how they make all their money. It's all financialization.
I believe they call that "Juventus Accounting"