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Originally Posted by jfman
It brings me to what is Netflix’s compelling offer that anyone else - a streamer or otherwise - couldn’t replicate without £20bn of debt to go with?
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£20bn of debt is probably a barrier to others replicating Netflix's offering. Another is its strong internationalsim. Rolling out internationally and speedily to avoid me-toos establishing themselves in key countries is a sensible move. As long as it's profitable apart from long-term debt it will be fine. That can be removed via rights issues, sale to another company or worst case scenario, Chapter 11.
It has a narrow one-size-fits-all model, a bit like Wetherspoons, so geographical breadth becomes key here. Confusing this model and adding extra cost to it with PPV and unprofitable music streaming won't add anything.