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Comment by whiplash451

7 hours ago

Your model might be too simplistic.

It’s more like Net Margin (Netflix + HBO) > Net Margin (Netflix | separate HBO)

1 comment

whiplash451

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Dylan16807  6 hours ago

Well all the content costs don't change, and they can combine CDN servers anywhere it makes sense regardless of whether it's one service or two. So revenue and margin numbers should track pretty tightly.

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