Netflix officially announced an exclusive multiyear deal with the Obamas’ new production company "Higher Ground Productions" for original programming.
REALITY CHECK A Netflix exec recently said their target is the release of 80 original films this year, which range from “sub-indie” low-budget pictures to “$100 million blockbusters.” Netflix's efforts to produce new content, secure the rights for additional content, and diversify through 190 countries has resulted in the company racking up billions in long-term debt: $21.9 billion as of September 2017, up from $16.8 billion from the same time the previous year, although only $6.5 billion of this is long-term debt; the remaining are long-term obligations.
Netflix has TV programs coming out of China. I watched a cop show involving chinese cops with a case involving drugs being smuggled out of Myanmar. The Myanmar visuals were stunning. They portrayed the wealth and the poverty
Propaganda? Perhaps but a main theme is the force of youth in the society of a ficticious but very modern city.
If Netflix can catch on in China, they have tapped a market with uncalcuable potential. I am now watching a program out of Singapore that is about what we call Overseas Chinese business that can be accessed in China on Netflix.
The Overseas Chinese are a powerful group and will influence the future. The TV programs indicate the youth value American education and the good life. The youth are escaping the shackles.
#43 The debt sounds like not enough people watching. Hopefully the ceo and his friends get booted from Netflix.