Netflix offers $2 billion more in debt to fund its content spending

Netflix is raising another $2 billion in debt to fund its content spending and other expenses, the company announced this morning. The news comes ahead of the launches of new streaming service competitors from Disney, Apple, and AT&T’s WarnerMedia. It also follows Netflix’s offer of another $2 billion in debt back in October 2018.

The streaming service says it plans to use the debt funding for general purposes, including “content acquisitions, production and development, capital...

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