The largest expenditure outlay is content, so the Company is working with licensors to align payment profiles for existing and future commitments to better match expected customer uptake and revenue growth.
Wouldn't have anything to do with imminent HBO content renewal discussions would it? Gonna be some posters here making sincere apologies soon methinks.
Even if this ..ahem ... $6mill raising is successful, how far is that going to take them when Streamco have publicly announced previously that they are throwing $100mill at this venture with the majority of that being spent on content?
And where's shakes when the going gets tough?
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