Netflix is carrying $20 billion in debt. Can it keep borrowing its way to success?

Netflix is carrying $20 billion in debt. Can it keep borrowing its way to success?

The digital streaming giant plans to continue burning cash to fuel original productions and subscriber growth. When Netflix was founded, the Internet was young, DVDs were popular and no one considered watching a movie streamed online. Twenty years later, Netflix’s transformation from an underdog DVD-by-mail service to Hollywood powerhouse — one that has redefined how TV and movies are produced and consumed — has been remarkable.

View Full Post

More great content like this @ Technology & Web Front Page or you can Request Invite

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s