hey jimno worries this is a concept I have had simmering for a year trying to get a figure forWhile we are on the subject of NFLX, any opinions on off balance sheet obligations as debt? I have an email into the oracle of valuation --Dmaodaran where he wold come down on it. He haas answered my emails on accounting questions before so I have some hope I will hear from him. The idea of content obligation is akin to operating leases as debt and these off balance sheet amounts are concerning enough to the FASB that there will likely be some changes in accounting for these. I was somewhat sarcastically and rudely dismissed by one of your SA analysts at the Netflix board so will raise the question here. Any opinion?
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