An Interest In:
Web News this Week
- March 29, 2024
- March 28, 2024
- March 27, 2024
- March 26, 2024
- March 25, 2024
- March 24, 2024
- March 23, 2024
October 23, 2017 04:27 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-SMeVcogdms/
Netflix is raising $1.6B in debt as its content costs balloon
Netflix today said it was raising avery 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 MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/-SMeVcogdms/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch