Netflix global subscriber count crosses 200 million; forecasts an end to borrowing
Netflix global subscriber count crosses 200 million; forecasts an end to borrowing On Tuesday, the company said it expected free cash flow to break even in 2021, adding in a letter to shareholders, we believe we no longer have a need to raise external financing for our day-to-day operations Reuters | January 20, 2021 | Updated 07:54 IST With the new customers, Netflix's worldwide membership reached 203.7 million Netflix Inc said on Tuesday its global subscriber rolls crossed 200 million at the end of 2020 and projected it will no longer need to borrow billions of dollars to finance its broad...
Source: businesstoday.in