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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 Wednesday October 25 2017, @07:11PM (3 children)
It wasn't expensive, but pulling it up every other day to find the thing the kids wanted to watch had vanished produced caterwauling to wake the dead.
It, too, has been completely mined out now so we tell the kids to go read books or do crafts.
These are all good and well, but you do seem to be forgetting one fairly reliable way of getting video content where you don't have to worry about it disappearing: BT. Of course it's not nearly as convenient, but once you have it, you'll always have it unless your HD crashes and you didn't bother doing backups.
(Score: 2) by goodie on Thursday October 26 2017, @12:29AM (2 children)
See as much as I agree, this is one area where Netflix managed to do a good job at making me stop doing BT. Back then, I bought a Roku 3, hooked it up with my universal remote, put the Netflix channel on it, and done. I also have a pi that I use to store my ripped DVDs and it's all good and well but curating a library takes time when you have a backlog of stuff. So it's not really pretty. And I haven'T had the time to set up the remote because I don'T have a dongle for USB-IR. 10 years ago I would have loved to hack it up. Now, with work, kids etc. this is not where I want to invest my time. But BT, newgroups etc. I haven't touched that stuff for 5 years at least. And I don't miss it. My download cap would not allow me to download real blu-ray rips on a regular basis anyway.
(Score: 2) by Grishnakh on Thursday October 26 2017, @02:18AM
I don't disagree about the convenience that Netflix offered. But it just isn't as good any more; too much content has disappeared, and they're focusing more on their own in-house stuff. So for some, that could very well drive them back to BT.
Also, I'm not sure how "curating a library" takes much time. Finding stuff and downloading it takes some time, but once it's downloaded, you just stick it on your media server or whatever and you're done with it. But yeah, setting up a fancy system with remote to view that library would take some time to set up. Surely a Roku or something like that could connect to a NAS and give you library access that way?
(Score: 3, Interesting) by Aiwendil on Thursday October 26 2017, @10:08AM
USB-IR isn't really necessary on the RPi unless you want to do something fancy. My RPi w Kodi is controlled with the unused buttons on my TV remote* (or via the Kodi smartphone app (kodi official remote, used to use yatsee until its UI downgrade a year ago).
* = lirc and an ir-reciever is enough, I used this guide [alexba.in] and it took me less than half an hour (via ssh from smartphone) to set it up (actually used an IR-kit fir arduino, similar to the Adafruit kit [adafruit.com]).
(Ok, I really have it set up for four remotes: tv, my old dvd-player remote, one of the programmable modes on the hifi-remote and the crappy remote that came with the reciever [copied it into a better remote] (takes 2-5minutes per remote you want to set up after the first))