Netflix passed 200 million global subscribers in the fourth quarter, it reported Tuesday, adding 8.51 million new subscribers to lift its total to 203.66 million. But the biggest news from the video streaming giant was that its years of borrowing money to fund its operations are at an end. The company declared that it was “very close” to being permanently “free cash flow positive,” which means...
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The Takeaway Media/Telecom
The Next Big News Disruption
Anyone who works in media—and especially in news—can feel the change. Everything about this business, from the editorial content to the talent to the (restless) energy of virtual newsrooms, is growing more intense.The pandemic is obviously a big part of the story. But there’s something bigger going on: a new phase of disruption as powerful as the last—if not more powerful. The last sea...
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