Risk Factors Update Summary
- Increased programming costs have adversely affected and may continue to impact profits.
- Failure to comply with financial covenants could impact liquidity and financial condition.
- Investments in original programming are expected to be significant, affecting profitability.
- Increased competition for original programming has raised content costs significantly.
- Compliance with new international corporate taxation rules could lead to additional taxation.
- Changes in technology and content delivery methods may negatively impact traditional TV industry.
- Failure to renew distribution agreements could have a material adverse effect.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1514991&owner=exclude
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