Netflix Plans to Invest $2 Billion of New Debt Into Additional Content & Other Expenses




, ,

Today, it was announced that Netflix is taking on $2 billion in debt as a further investment in new content for the streaming platform.

According to the announcement, the funds will be used for “content acquisitions, production and development, capital expenditures, investments, working capital and potential acquisitions and strategic transactions.”

This investment comes just after Netflix released details about their revenue and future financial plans during their quarter 3 earnings call last week. In that report, we learned that Netflix saw a revenue increase of 31% from last year, reaching $5.2 billion. Also in the report, Netflix shared that they plan to continue investing in original content as the streaming competition heats up in the coming months.

“Amazing content can be expensive. We don’t shy away from taking bold swings if we think the business impact will also be amazing,” Netflix said in the statement last week.

The company went on to share that they will be working to increase revenue to fund new content. For now, they will be taking on a debt to cover the costs.

Did you know we now have a FREE app for iOS, Android, and Amazon Fire? Click HERE to download our app.

Please follow us on Facebook and Twitter for more news, tips, and reviews. Need cord cutting tech support? Join our Cord Cutting Tech Support Facebook Group for help.

Disclaimer: To address the growing use of ad blockers we now use affiliate links to sites like, streaming services, and others. Affiliate links help sites like Cord Cutters News, stay open. Affiliate links cost you nothing but help me support my family. We do not allow paid reviews on this site. As an Amazon Associate I earn from qualifying purchases.

Subscribe to Our Newsletter

* indicates required

Please select all the ways you would like to hear from :

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp’s privacy practices here.