5min chapter

Land of the Giants cover image

Money to burn; why Wall Street loves NFLX

Land of the Giants

CHAPTER

Introduction

Peter Coughton: In 2014, Netflix canceled a show based on hip-hop culture in New York. He says the get down cost an estimated $120 million to make and was cancelled after just one season. But he says Wall Street doesn't really care that Netflix has been on a crazy spending spree. And there are lots of people who think that can't last forever, writes Coughton.

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