Home Credit Ratings and Research S&P Global Ratings’ Credit Research Netflix Inc.

Summary: Netflix Inc.

Published May 30, 2012

2362 words — Published May 30, 2012

Price US$ 225.00 | Buy this Report Now

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Abstract:

The corporate credit rating and stable outlook on Netflix Inc. reflect Standard&Poor's Ratings Services' expectation that escalating content programming commitments and international expansion will lower profitability over the intermediate term. While acknowledging Netflix's growing programming commitments, we view the company as likely to maintain moderate debt usage as it expands into international markets and invests in new technology and content to grow market share. We view the company's business risk profile as "fair," reflecting: Its leading position in the increasingly competitive and rapidly evolving video rental industry; A large subscriber base; Its dependence on movie and TV studios for content; Growing investments in original programming; The technology and content risks associated with delivery of video movies and streaming

Brief Excerpt:

RESEARCH Summary: Netflix Inc. Publication date: 30-May-2012 Primary Credit Analyst: Andy Liu, CFA, Chicago (1) 312-233-7052; andy_liu@standardandpoors.com Secondary Contact: Michael Altberg, New York (1) 212-438-3950; michael_altberg@standardandpoors.c...

Report Type:

Summary

Issuer

Netflix Inc.

GICS

Internet Retail (25502020)

Sector

Global Issuers

Country

United States

Region

United States

Format:

HTML

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MLA:	S&P Global Ratings’ Credit Research. "Summary: Netflix Inc." May 30, 2012. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Netflix-Inc-971086>

APA:	S&P Global Ratings’ Credit Research. (). Summary: Netflix Inc. May 30, 2012. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Netflix-Inc-971086>

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