Please wait while we enable your Account


Contacting Amazon Web Services
Deploying Cloud Servers, Storage, Transcoding & Database Servers
Deploying Global CDN
Deploying Firewall & Enabling Security Measures
Deploying the CMS & Admin Module
Deploying Website, Mobile & TV Apps framework
Creating your FTP account
Finishing up all the modules
Preparing for launch

Netflix has debts of more than $25 billion

Roshan Dwivedi Published on : 01 August 2017

Netflix is in big trouble despite its continuous growth of global subscribers.

According to latest reports, its debts are at a staggering US$20 billion (AU$25 billion).
Its pursuit of increasing customers, along with more spending on producing original content is all resulting in the rise in the debt.

As per LATimes reports, Netflix’s spending has grown two times this year and it expects to spend more than US$6 billion (AU$ 7.5 billion) on its slate of programming in 2017. Even though most of its investors aren’t overly concerned given the company’s share value is up 50% on last year, yet a lot of analysts predict that despite the growing number of subs worldwide ($104 million subscribers), this growth of Netflix could very well stagnate soon.

Written by: Roshan Dwivedi

Add your comment

Leave a Reply

Your email address will not be published.

Try Muvi One free for 14 days

No Credit Card Required
Your website will be at, you can change this later.

Upcoming Webinar
June 27

9:00AM PST

Leveraging Analytics for Success in the Streaming Industry

A streaming platform’s success is crucially dependent on data. In today’s competitive streaming landscape, data is king. This webinar will unlock the secrets of using analytics to gain…...

Event Language: English
30 Minutes