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The video streaming service plans to spend up to $8bn on content next year to compete with fast-growing rivals.
Netflix will issue bonds to investors, although the interest rate it will pay has yet to be decided, the company said in a statement.
Netflix plans to release 80 films next year, but some analysts are wary about its cash burn and debt interest costs.
The company's latest debt fundraising is its largest so far, and the fourth time in three years it has raised more than $1bn by issuing bonds.
Earlier this month, Netflix said it would raise prices in countries including the UK and US for the first time in two years.
Has Netflix added enough original material to make up for the licensed content they've dropped and the price increase they mean to enact?
(Score: 2) by Grishnakh on Tuesday October 24 2017, @11:38PM (15 children)
Hahahaha!!! That's pretty funny. Seriously, you are really deluded. Have you not noticed how popular reality TV has been for the last 10-15 years? No, society is not going to become like ST:TNG where people no longer sit around watching mindless garbage like Honey Boo Boo and The Kardashians, and instead entertain themselves and each other by playing classical concerts and re-enacting detective novels on the Holodeck. (What made ST:TNG such a great show is that it showed humans as *we wish they were*, not as they actually are.)
Just look at Hollywood movies these day: it's all sequels, remakes, more installments in decades-old franchises, etc. You probably decry this, as do I. Yet look at the revenue numbers: Hollywood is making an absolute killing by following this formula. People just can't get enough of comic book movies, or remakes of comic book movies, or sequels to remakes of comic book movies, etc. Despite a huge number of people complaining about how bad the theater experience has gotten these days, they're selling more box-office tickets than ever before. So obviously, people like you and me are not the target audience, and they really don't need our support. All evidence shows that the general public really is happy to pay high ticket (and concession) prices to watch the "same ol' thing with slightly different costumes".
(Score: 0) by Anonymous Coward on Tuesday October 24 2017, @11:43PM (14 children)
All of that eye-popping revenue is flowing out of third-world countries, like China. They're like the small children of the civilization, stumbling upon consumer entertainment for the first time, and finding it magically absorbing.
Eventually, their societies too will mature, and that's when the shit will hit the fan; it may take 3 decades, but in relatively short order, Netflix and its ilk will be gone.
Make your easy money while you can!
(Score: 2) by takyon on Tuesday October 24 2017, @11:49PM (3 children)
You have people out there paying for Netflix, putting something on, and then working on a computer or falling asleep. Netflix gets their cut all the same. They can even measure and manage this behavior [soylentnews.org].
Netflix must have more than 3 decades left in them because they are doing just fine with English speakers right now. They aren't even relevant in China. [fool.com]
[SIG] 10/28/2017: Soylent Upgrade v14 [soylentnews.org]
(Score: 0) by Anonymous Coward on Wednesday October 25 2017, @12:14AM (2 children)
Try again.
(Score: 0) by Anonymous Coward on Wednesday October 25 2017, @03:19PM (1 child)
One person has supporting links, and you have your opinion. "Try again" is a pretty lame response, maybe yiy should try again!
(Score: 0) by Anonymous Coward on Wednesday October 25 2017, @04:02PM
Try again.
(Score: 2) by MichaelDavidCrawford on Tuesday October 24 2017, @11:59PM (9 children)
Instead say "Developing Nation".
Yes I Have No Bananas. [gofundme.com]
(Score: 2) by Phoenix666 on Wednesday October 25 2017, @12:06AM (8 children)
Nah, "Third World" is the right term to use. It means "backward," and that ought to sting. If it doesn't sting, then they have no reason to strive to better themselves. After all being poor and backward because they cannot curb their corruption or cooperate long enough to build their country up has failed thus far to spur them to progress. Shame. They need to feel shame, too.
Washington DC delenda est.
(Score: 3, Insightful) by jelizondo on Wednesday October 25 2017, @12:33AM (3 children)
Third world does not mean ‘backwards’. I’m sure you are old enough to remember when there was the West (1st world), the Commies (2nd world) and yes, the third world, which were all those countries not in the “west” or “commies”.
(Score: 0) by Anonymous Coward on Wednesday October 25 2017, @01:04AM (2 children)
Clearly, if it ain't "First World", then it's backwards.
(Score: 2) by c0lo on Wednesday October 25 2017, @02:13AM (1 child)
Clearly, the current "First World" is going backwards.
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
(Score: 0) by Anonymous Coward on Wednesday October 25 2017, @02:27AM
There. Settled.
(Score: 0) by Anonymous Coward on Wednesday October 25 2017, @04:43PM
Pretty sure they would be second world:
http://www.investopedia.com/terms/t/third-world.asp [investopedia.com]
(Score: 2) by Grishnakh on Wednesday October 25 2017, @07:07PM (2 children)
Actually, it's a somewhat stupid term to use, because you'd have to be a complete idiot to think that Switzerland is a "backwards" country, yet it absolutely does qualify for "third world" status because it was never aligned with either the USA or USSR. Same goes for Norway.
(Score: 2) by jelizondo on Thursday October 26 2017, @01:54AM (1 child)
But it gets better, Japan was considered to be in the “West”… Never trust politicians or ideologues, they twist words so they can twist your mind.
(Score: 2) by Grishnakh on Thursday October 26 2017, @02:14AM
In many way, Japan *is* part of the West. In case you forgot, it was occupied by the US for some time, its Constitution was written by the US, and it's one of the US's strongest allies now, and the US is their biggest trading partner. Their modern culture borrows heavily from American culture. Politically and militarily, they're very much aligned with "the west".
No one's trying to "twist your mind", these labels exist for a reason. The first/second/third-world stuff is really just obsolete, and became that way the day the Soviet Union collapsed. It was just a way of designating which countries were aligned with either side, or neither side. These days it just doesn't make sense because there is no more "second world".