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Netflix loosens wallet to fund content, plans to raise USD 1 Billion for debt

Roshan Dwivedi Published on : 04 February 2015

netflix-silverlight-html5

In a move to acquire and produce content, Netflix has made up it’s mind to chuck out a billion dollars for long term debt. Netflix noted that the interest rate, maturity date and other terms of the debt will be determined via negotiations with the initial purchasers. As of the end of 2014, Netflix reported $900 million in long-term debt on its balance sheet.

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Read the entire story here.

 

 

Written by: Roshan Dwivedi

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Introducing Muvi Live Paywall: Monetizing Live Streams,” where we delve into the cutting-edge world of live streaming monetization. As the landscape of streaming services evolves, Muvi is at…...

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