Netflix has plans to produce more original content in addition to expanding their presence around the world, but they’ll need to dive deeper into debt to do so. On the surface, Netflix appears to be the streaming giant to compete with, the company that drove Blockbuster and other brick-and-mortar video rental stores out of business. And while that notion is certainly true, the fact of the matter is, Netflix doesn’t actually make any money — at least not in the sense of turning a profit every year.
Last year, Netflix had racked up long-term debt exceeding $3.36 billion, and that number has since increased ...
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