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Jennifer Lopez
Jennifer Lynn Lopez (born July 24, 1969), also known by her nickname J.Lo, is an American actress, singer, dancer, fashion designer, producer and businesswoman. In 1991, Lopez began appearing as a Fly Girl dancer on In Living Color, where she remained a regular until she decided to pursue an acting career in 1993. For her first leading role in the 1997 Selena biopic of the same name, Lopez received a Golden Globe nomination and became the first Latin actress to earn over US$1 million for a film. She went on to star in Anaconda (1997) and Out of Sight (1998), later establishing herself as the highest-paid Latin actress in Hollywood.
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S&P Ups Netflix Credit Rating, Anticipating $3B Less In 2020 Content Production Spending
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deadline.com
deadline.comJill Goldsmith Co-Business EditorRatings agency S&P upgraded Netflix’ corporate credit Tuesday, figuring the giant streamer will spend $3 billion less than anticipated this year on content production.
It cited accelerated subscriber growth, improving margins, reduced cash flow deficits over the next two years and positive trends in SVOD.The agency is basically saying that reduced spend from pandemic-related production shutdowns will work out to improved free operating cash flow, or FOCF, a key metric, boosting Netflix’ financial profile going forward.
Netflix has already been benefitting from accelerated subscriber growth and increased user engagement as consumer spend more time at home.
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