Netflix Is Going $2 Billion USD in Debt to Produce More Original Content

Following its previous initiative to produce $7 billion USD worth of original content, the streaming service giant Netflix has announced its plans to raise $2 billion USD in debt to produce more movies and shows. As opposed to offering equity within the company, Netflix has decided to ante up and double down on producing new content. The new funds will be used for "general corporate purposes, which may include content acquisitions, production and development, capital expenditures, investments, w...