Netflix makes another big bet that its OC will continue to propel subscriber growth.
May 4, 2017
‘Netflix is again going deeper into hock.
In the streaming service’s latest move to cover its massive global content costs, Netflix this week closed $1.4 billion in new debt financing, adding to its $3.37 billion in existing long-term obligations. It’s the third time in a little more than two years that Netflix has raised more than $1 billion in debt financing.’