Netflix plans to raise $2bn as it invests in new content

Streaming service’s liabilities of more than $30bn now dwarf annual revenuesNetflix has announced plans to raise a further $2bn (£1.5bn) in debt, adding to mounting long-term liabilities which now total more than $30bn.The US streaming service said the money raised will be used for a range of “general corporate purposes”, from buying new programmes and films to acquisitions. Continue reading...