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: 0) by Anonymous Coward on Wednesday October 25 2017, @12:06AM
Why do you think Hollywood is such a soulless cesspool of former human beings?
They were binge watching fake people's stories before Netflix made it mainstream; for them, there's nothing new to experience, and so they seek out unspeakable debauchery as do the centuries-old vampires.
What do you think will happen when most of the U.S. and then the Third World reaches that point? I shudder to think about it.
Maybe a New Religion really will be the result and the solution. [soylentnews.org]