Comments Thread For: Showtime Start Legal War Over Mayweather-McGregor 'Streams'
				
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Just so you know none of these mofo's don't ever lose $ they just always want to increase the $ coming in, the worse is they make little $ back.Espinoza is worried. CBS probably spent millions of dollars on promotion plus the guarantee for both fighters. They may end up with a negative balance sheet again. Bulk of the money all went inside Floyd's pockets. This will become obvious when Showtime can't produce meaningful fights for the rest of the year.Comment
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Dunno, sounds like NetFlix has some cashflow issues. I don't have NetFlix and don't know much about them honestly but it does sound like they've overcommitted.
https://seekingalpha.com/article/406...olvency-issues
"When considering the off-balance sheet commitments for content, the company's total liabilities are more like $20 billion rather than $11 billion shown on its U.S. GAAP balance sheet. Even scarier, the company's current liabilities balloon from around $4.5 billion to over $6.6 billion. As shown in the partial balance sheet below, Netflix only has about $1.7 billion in cash and short-term investments to meet the $6.6 billion in obligations in the coming year."
							
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