Stories
Slash Boxes
Comments

SoylentNews is people

posted by martyb on Tuesday October 24 2017, @11:03PM   Printer-friendly
from the can't-show-what-you-ain't-got dept.

Netflix is raising another $1.6bn (£1.2bn) from investors to finance new shows and possibly make acquisitions.

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?


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 1, Interesting) by Anonymous Coward on Tuesday October 24 2017, @11:58PM (1 child)

    by Anonymous Coward on Tuesday October 24 2017, @11:58PM (#587173)

    The 1960s hippies represented the first attempt, but their lifestyle was too unproductive to catch on.

    In the coming years, we'll see first world societies' tear down the War on Drugs, and people will begin experimenting once again with their states of consciousness, especially by using psychedelics. I think we'll see the Church of Consciousness spring up, where people not only investigate what it means to be sentient, but also engage in drug-related rituals that are scientifically proven to enhance visceral spiritual experiences.

    Go onto YouTube and binge watch discussions about psychedelics, especially about DMT breakthroughs and microdosing. The productive people of the world are starting to get interested in this stuff, and that's what will lead to humanity finally launching out of its hollow, spiritless malaise.

    Starting Score:    0  points
    Moderation   +1  
       Interesting=1, Total=1
    Extra 'Interesting' Modifier   0  

    Total Score:   1  
  • (Score: 2) by takyon on Wednesday October 25 2017, @12:43AM

    by takyon (881) <reversethis-{gro ... s} {ta} {noykat}> on Wednesday October 25 2017, @12:43AM (#587191) Journal

    Maybe. I doubt that much will happen other than getting DMT, LSD, et al. onto Schedule II down from Schedule I.

    Can people have visceral spirtual experiences when using psychedelics while Netflix/mindless entertainment is playing in the same room? Or does Netflix make it an invalid and "unproductive" use of psychedelics? What about smoking dank weed while watching Netflix?

    --
    [SIG] 10/28/2017: Soylent Upgrade v14 [soylentnews.org]