Netflix is raising $1.6B in debt as its content costs balloon

 Netflix today said it was raising a very large lump of debt for the typical laundry list of uses that you’ll find in a filing with the SEC — though, the timing comes as its content costs may hit as much as $8 billion next year. The announcement comes off a strong earnings report last week, where Netflix once again beat expectations for its subscriber growth. The company also said… Read More

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Gurupriyan is a Software Engineer and a technology enthusiast, he’s been working on the field for the last 6 years. Currently focusing on mobile app development and IoT.