Netflix plans to raise $2bn as it invests in new content

Streaming service’s liabilities of more than $30bn now dwarf
annual revenues

Netflix has announced plans to raise a further $2bn (£1.5bn) in
debt,
adding to mounting long-term liabilities
which now total more
than $30bn.

The US streaming service said the money raised will be used for
a range of “general corporate purposes”, from buying new
programmes and films to acquisitions.

Source: FS – All-News2-Economy
Netflix plans to raise bn as it invests in new content