• Netflix is issuing another $2 billion of junk bonds to fund its cash-burning content business

    28 days ago - By Business Insider

    Netflix on Monday launched a new $2 billion debt offering to fund its cash-burning content business.
    This latest round of junk bond offerings will push Netflix's debt load above $10 billion for the first time, according to Bloomberg.
    The streaming-media giant posted last week third-quarter earnings and subscriber growth that topped expectations, but warned investors that the costs of developing original content will continue to weigh on its profit this year.
    Watch Netflix trade in real time here.
    Netflix is launching a new $2 billion debt offering to fund its cash-burning content business...
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  • Netflix adds to growing debt pile with $2 billion bond issue

    Netflix adds to growing debt pile with $2 billion bond issue

    28 days ago - By Reuters

    Netflix Inc announced on Monday it will tap debt markets for a second time this year, aiming to raise another $2 billion as the streaming video pioneer invests heavily in production of original shows and content acquisition to fend off intensifying competition.
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  • Netflix adds to growing debt pile with $2 billion bond issue

    28 days ago - By Reuters

    Netflix Inc announced on Monday it will tap debt markets for a second time this year, aiming to raise another $2 billion as the streaming video pioneer invests heavily in production of original shows and content acquisition to fend off intensifying competition.
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  • Netflix to raise an additional $2 billion to fund original content

    Netflix to raise an additional $2 billion to fund original content

    28 days ago - By MobileSyrup

    Netflix has announced that it will raise an additional $2 billion in debt to go towards future original content. This marks the sixth time in less than four years that the company will raise $1 billion or more through bonds. In 2018 alone, Netflix has invested an estimated $8 billion into the creation of original content. In a press release, the streaming giant said the latest $2 billion funding will be used for “general corporate purposes, which may include content acquisitions, production and development, capital expenditures, investments, working capital and potential acquisitions and...
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  • Debt-Fuelled Netflix Plans Fresh $2 Billion Bond Issuance

    28 days ago - By CBR

    "We recognize we are making huge cash investments in content"
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