The story that I saw is that they have a lot of loans kicking in the next couple of years that will totally wipe out their profit margins.

Looking at [0] it looks like it's.... manageable but you still need the money. If you're making 1.5 billion in profit and the next year you have 2 billion in debt to payoff...

[0]: https://www.fool.com/investing/2022/04/21/netflixs-mountain-...

related reading from when things felt more rosey in 2019:

[1]: https://www.ft.com/content/cf0f0bd6-4596-11e9-a965-23d669740...