Netflix expects to burn through $3 billion this year.The $2 billion that Netflix plans to raise in a bond offering will be lopped onto it existing debt of $11.8 billion.
from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/2CZeCeP
Monday, October 22, 2018
Netflix to borrow another $2B to pay its programming bills
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment