Source: Loan Digest (loandigest.net)
Hopefully this garbage will go bankrupt soon.
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Netflix is issuing another $2 billion of junk bonds to fund its cash-burning content businessNetflix issued Monday a new $2 billion junk bond to fund its cash-burning content business. Shares dropped 1.26% on the news. So here is a company that is adding subscriptions at rapid pace but burning cash on creating original content....clearly raising the subscription rates is a reality not too far away. Me thinks...
Source: BusinessInsider - 🏆 729. / 51 Read more »
Netflix wants to take on another $2 billion in debtNetflix has spent massive amounts of money to build its streaming empire. Now it is looking toward debt markets to fund even more shows. Why do they need loans don't they have enough money to fund everything there a multi-billion-dollar company Um i see a ch11 bankruptcy in the not to near future
Source: CNN - 🏆 4. / 95 Read more »
Netflix is taking on billions more in debt to keep churning out contentThe streaming giant is tapping the high-yield market for the second time this year, fresh off a strong earnings report and recent credit upgrade. Obama is on the board now. Expect high deficits and higher subscription fees. It should crash and burn in about 8 years. Just like his presidency.
Source: MarketWatch - 🏆 3. / 97 Read more »
Netflix is fueling its ballooning cash burn with $2 billion in new debtThe $2 billion adds to the growing debt burden on Netflix's balance sheet. At the same time, Netflix is burning cash at faster and faster rates. Netflix worthy a careful study by startups boonie84 LMAO yo retweeting CNBC. marriagestatus See! Thats what happens when hire incompetent Barraca Obamination!
Source: CNBC - 🏆 12. / 72 Read more »
Netflix adds to growing debt pile with $2 billion bond issueNetflix adds to growing debt pile with $2 billion bond issue. onehitGit breaks it down onehitGit TV
Source: Reuters - 🏆 2. / 97 Read more »
Netflix plans $2 billion bond offering
Source: MarketWatch - 🏆 3. / 97 Read more »
Netflix ups prices to pay for original contentThe most popular subscription plan will now cost $13 a month, up from $11. 👎👎👎👎👎👎👎👎 That's bullshit. Netflix you are going to price yourself right out of the market. And let's be serious, your original content isn't exactly amazing. THIS IS A FRAUD
Source: washingtonpost - 🏆 95. / 72 Read more »
This may be an even bigger issue for Netflix than the $2-a-month price hikeSubscription prices will rise, but some Netflix users have other beefs with the streaming service.
Source: MarketWatch - 🏆 3. / 97 Read more »
Breakingviews TV: Uber’s debtThe car-hailing app just issued $2 bln of bonds, days after the WSJ said bankers were suggesting Uber could be worth $120 bln. That’s a big shift for a company that little more than a year ago was wrestling with reputational issues. It’s also a bit... rob_cyran
Source: Breakingviews - 🏆 470. / 51 Read more »
Bloomberg - Are you a robot?Good numbers.
Source: Bloomberg - 🏆 97. / 63 Read more »