Morgan Stanley predicts when Netflix will stop burning money and start generating billions in free cash flow
|01/14/2019||Posted by BusinessMediaguide.Com under General World News||
- Netflix’s negative free cash flow, which reached a high of $3 billion in 2018, has been one of the few sources of worry for Wall Street analysts and investors.
- Netflix has said it needs negative free cash flow to fund its increased investment in original TV shows and movies, but it’s hard to assess the value of that content over their lifetime, making it difficult to project the company’s financial future.
- But Morgan Stanley sees signs that Netflix’s financials are on the right track and predicts the streaming giant will become free cash flow positive in 2021 and reach over read more >>>