Netflix Is Raising $2 Billion More to Fund New Shows

As the likes of Disney and Apple, among others, are gearing up to launch their respective streaming services, today Netflix announces plans to raise $2 billion to fund new content. The news follows Netflix’s previous $2 billion offer from October of last year, as the company’s content budget is expected to reach $15 billion in 2019.

According to Netflix, it will use the $2 billion for general corporate purposes, including content acquisitions, production and development, capital...

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