You are right. Still, unless there was widespread purchasing of tickets for non subscribers going on, I would expect the effect of that change to be a blip, not a substantial drop in their cash deficit.
Unless you know more than us about their deficit, we can't really say how big this was. If they were spending 101% of revenues, for example, 35% off their deficit _is_ a blip.
I'm just going by this article, but it also suggests their financial situation is so dicey they are in danger of shutting down soon, so that seems unlikely.