[Kevin Henry-Seacoast]

Why do you keep editing your last post? Define Jumbo....

[Don Dolla]

didn't stevedavis get indicted

[mcaguru]

Your older than me -- respect must always come first !

[Happy Horse Shit]

Why the hell would Netflix need private capital or debt? If a public hype company like Tesla can sell convertible debt surely Netflix has better cash flow---

[Kevin Henry-Seacoast]

Why the hell would Netflix need private capital or debt? If a public hype company like Tesla can sell convertible debt surely Netflix has better cash flow---

They are raising $2Bil in debt and the use of proceeds is to buy additional content. The Company is not cash flowing enough to do it organically. I have not seen a red herring to determine structure. My guess is that it will be some type of convertible note or senior with warrants.

[Franklin]

They are raising $2Bil in debt and the use of proceeds is to buy additional content. The Company is not cash flowing enough to do it organically. I have not seen a red herring to determine structure. My guess is that it will be some type of convertible note or senior with warrants.

Disney+ debuts next week and then Netflix will really start to have some problems over time. They didn't have enough mass audience friendly pg 13 content even before they lost Marvel and Star Wars. The debt weight and the negative revenue, they need a drastic shift in strategy very soon.
















www.UccRadar.com

[Kevin Henry-Seacoast]

Wonder how many "funders" are calling the CFO at NetFlix offering them $100K with no COJ.

[Happy Horse Shit]

From Yahoo

Netflix quick statics

Balance Sheet
Total Cash (mrq) 4.44B
Total Cash Per Share (mrq) 10.12
Total Debt (mrq) 13.54B
Total Debt/Equity (mrq) 197.32
Current Ratio (mrq) 0.73[
Book Value Per Share (mrq) 15.66
Cash Flow Statement
Operating Cash Flow (ttm) -2.66B
Levered Free Cash Flow (ttm) 15B


Just on the current ratio of 0.73 they should qualify for 2 billion But If I was them they probably would partner with another media giant and have less need for 2 billion They should have bought Lions Gate when they had a chance. Truthfully only Amazon is even in the same neighborhood as Netflix on quality original programming the rest of this streaming stuff is a joke unless you like watching the Little Mermaid 7 night a week. Hulu is horrible--Apple TV is probably 1/2 a decade away form becoming a serious competitor.

[mcaguru]

The largest company's with Billions in Marketcap are constantly taking in capital on a dozen or so different structures (Kevin will be happy to discuss) ... MCA is a great Industry but some guy at the BIG Institutions (Goldman or Black,etc) are in their Hotel Room with 1 leg in and 1 leg out putting on their underwear (as we speak) knowing that last night in a hotel Lobby Steakhouse they closed a 1B funding Agreement with a fortune500 Co.

[Franklin]

The hurdle for Netflix isn't that there's one competitor who can beat them currently, it's that there are a BUNCH of smaller competitors who are ERODING what they used to be the BEST at doing. Their growth is slowing and they're missing projections and they've lost a couple of major licenses (Disney, Marvel, Nickelodeon, Pixar, Star Wars, etc.) which were helpful to them from a marketing stand point. While they currently offer the most content, its still segregated into niches, and no one watches every niche.

Other providers are offering similar or alternative content (or in many cases the same content, as movie/show licenses are short term, expire and then go right to the next platform; Tubi TV (which is FREE by the way) has a section called 'Not on Netflix', and most of those movies WERE on Netflix at one point.) Disney is the king of content and story telling, with all their properties. It won't be little mermaid you'll be falling asleep to, unless by choice.


With the big head start Netflix had, they never figured out how to create/acquire content and grow their operations and become self sustainable. What they did is show a lot of other significant players the size of the market for streaming, and for media on the go, and they basically forced all the other types of media players to adapt or die, but they did adapt. Netflix never used their first to market advantage to BECOME the market, like a Microsoft office or a Google or a Ma Bell.

Also, Netflix didn't really own anything proprietary to create a monopoly; it wasn't their content, their internet, their idea..., the only edge they had was making it work first and work great, albeit unprofitably, and now its squandered.

Youtube, Amazon, Disney, Fox and others have a stake now and having the financial backing to do whatever they want. They also have the foresight to see what has worked for Netflix and what hasn't.

And Hulu is owned by Fox which is now owned by Disney. So how about those apples.














www.UccRadar.com

From Yahoo

Netflix quick statics

Balance Sheet
Total Cash (mrq) 4.44B
Total Cash Per Share (mrq) 10.12
Total Debt (mrq) 13.54B
Total Debt/Equity (mrq) 197.32
Current Ratio (mrq) 0.73[
Book Value Per Share (mrq) 15.66
Cash Flow Statement
Operating Cash Flow (ttm) -2.66B
Levered Free Cash Flow (ttm) 15B


Just on the current ratio of 0.73 they should qualify for 2 billion But If I was them they probably would partner with another media giant and have less need for 2 billion They should have bought Lions Gate when they had a chance. Truthfully only Amazon is even in the same neighborhood as Netflix on quality original programming the rest of this streaming stuff is a joke unless you like watching the Little Mermaid 7 night a week. Hulu is horrible--Apple TV is probably 1/2 a decade away form becoming a serious competitor.