Netflix is taking on billions more in debt to keep churning out content

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Netflix tapping junk-bond markets in U.S. and Europe to raise $2 billion

 

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Obama is on the board now. Expect high deficits and higher subscription fees. It should crash and burn in about 8 years. Just like his presidency.

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Netflix adds to growing debt pile with $2 billion bond issueNetflix adds to growing debt pile with $2 billion bond issue. onehitGit breaks it down onehitGit TV
Source: Reuters - 🏆 2. / 97 Read more »

Netflix wants to take on another $2 billion in debtNetflix has spent massive amounts of money to build its streaming empire. Now it is looking toward debt markets to fund even more shows. Why do they need loans don't they have enough money to fund everything there a multi-billion-dollar company Um i see a ch11 bankruptcy in the not to near future
Source: CNN - 🏆 4. / 95 Read more »

Netflix is fueling its ballooning cash burn with $2 billion in new debtThe $2 billion adds to the growing debt burden on Netflix's balance sheet. At the same time, Netflix is burning cash at faster and faster rates. Netflix worthy a careful study by startups boonie84 LMAO yo retweeting CNBC. marriagestatus See! Thats what happens when hire incompetent Barraca Obamination!
Source: CNBC - 🏆 12. / 72 Read more »