Post by: AngelOfThyNight on March 05, 2020, 11:00:26 PM
Netflix had to become a content producer to compete with other streaming services. To raise the money to pay for all that content, the company turned to junk bonds.
Netflix had to become a content producer to compete with other streaming services. To raise the money to pay for all that content, the company turned to junk bonds.
Source: How Netflix Funded Its Content Production — With The Help Of Junk Bonds (https://www.npr.org/2020/03/05/812645004/how-netflix-funded-its-content-production-with-the-help-of-junk-bonds?utm_medium=RSS&utm_campaign=movies)