Netflix Raising $2 Billion In Debt To Fund More Original Content

With the big streaming war looming just beyond the horizon, Netflix is trying to pull out all the stops to ensure that they remain top dog amidst all of the competition. In fact, the company is now planning to take on another $2 billion in debt in an effort to fund even more of its original programming.

This latest increase only adds to the previous bill that Netflix already owes. As of this time last year, their total debt was reportedly hovering somewhere around the $12 billion range. That total’s obviously grown since then and now looks like it’s going to grow even more.

While this is good news for subscribers, who’ll likely get even more top quality content, it also deepens the mystery as to how Netflix actually makes a profit. The streaming platform is constantly spending money without ever incorporating advertisements or significantly raising the cost for customers.
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