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Netflix is issuing another $2 billion of junk bonds to fund its cash-burning content business

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Netflix issued Monday a new $2 billion junk bond to fund its cash-burning content business. Shares dropped 1.26% on the news.

 

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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...

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