Scalper1 News
Netflix (NFLX) has 10 billion reasons to hike subscriber prices, something bears on the stock know and bulls tend to gloss over. That’s more than $10 billion in streaming content obligations over the next five years — cash Netflix must fork over to programmers for rights to TV shows. That doesn’t include its own growing expenses for developing original content. And that $10 billion could be table stakes if Apple (AAPL) enters the video streaming Scalper1 News
Scalper1 News