Netflix to Raise $2 Billion USD in New Debt to Fund More Original Content

Netflix is going another $2 billion USD in debt to produce content following the previous $2 billion USD offer from Netflix back in October of last year. The news follows the announcement of Disney+, it's slate of content and its $6.99 USD price point, as well as two streaming services on the bend by AT&T's WarnerMedia and Apple. The debt funding, according to Netflix, will also be used for general purposes like "content acquisitions, production and development, capital expenditures, investments...