Its not clear when they start recognising revenue. I suspect they start recognising revenue as soom as the loan is advanced, not when a customers accepts the video.
Any reporting of the loan as revenue, deferred or not is incorrect as the video may not have been produced yet, or the customer accepted it or committeed to pay for it.
When the customer commits to pay for it, the loan is effectively transferred to them and it can be recognised as deferred revenue.
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Its not clear when they start recognising revenue. I suspect...
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