Netflix is raising another US$2 billion in debt to fund additional content creation and other expenses, the company announced on Monday. The company routinely raises debt to help fuel its growing library of original TV shows and movies. The streaming giant offered US$2 billion in new debt in April after issuing another round of notes several months earlier. Netflix said it plans to use the proceeds to fund "Content acquisitions, production and development, capital expenditures, investments, w
22 Oct 2019
More Netflix originals; Avast hacked; Apple manufacturing in India
ZOO Digital Group plc (ZOO:LON), 35.5 | Aferian plc (AFRN:LON), 11.8 | Corero Network Security plc (CNS:LON), 9.0 | Defenx (DFX:LON), 0 | Cloudified Holdings Limited (CHL:LON), 0 | Intercede Group plc (IGP:LON), 110 | NCC Group plc (NCC:LON), 125
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More Netflix originals; Avast hacked; Apple manufacturing in India
ZOO Digital Group plc (ZOO:LON), 35.5 | Aferian plc (AFRN:LON), 11.8 | Corero Network Security plc (CNS:LON), 9.0 | Defenx (DFX:LON), 0 | Cloudified Holdings Limited (CHL:LON), 0 | Intercede Group plc (IGP:LON), 110 | NCC Group plc (NCC:LON), 125
- Published:
22 Oct 2019 -
Author:
Kartik Swaminathan -
Pages:
5
Netflix is raising another US$2 billion in debt to fund additional content creation and other expenses, the company announced on Monday. The company routinely raises debt to help fuel its growing library of original TV shows and movies. The streaming giant offered US$2 billion in new debt in April after issuing another round of notes several months earlier. Netflix said it plans to use the proceeds to fund "Content acquisitions, production and development, capital expenditures, investments, w