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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 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".