10 years ago
Netflix Raising $1B In Debt To Invest Big In Content Acquisitions And More
As streaming video competition continues to grow between Netflix, Amazon, Google, Facebook and others, one of the leaders of the pack is planning to invest big in content acquisitions and investments to stay up front. Netflix today said it plans to offer $1 billion in senior notes and plans to use the proceeds for “general corporate purposes, which may include content acquisitions, capital expenditures, investments, working capital and potential...
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