Sorry, I should have been a little more careful with my wording. You are correct in that there isn't a direct quoted link. But, Netflix raised subscription prices to pay for more content...obviously paying 250 million to Apple (for basically nothing?) doesn't help their balance sheet.
I guess not everyone would look at it this way, but from a big picture standpoint it all adds up to the bottom line.
I guess not everyone would look at it this way, but from a big picture standpoint it all adds up to the bottom line.