Netflix wants to get billions on the financial market

Netflix is planning to grow

Netflix is making new debts to finance its many films and series. The online video service wants to get around 1.6 billion dollars with the issue of debt securities. Details such as maturity and interest rates are to be negotiated with the first donors, as Netflix now reported in the night to Tuesday (CET).
Netflix wants to stand out from the competition with exclusive productions and this costs a lot of money. In total, the company spent last year $6 billion on content, 2018 is expected to be seven to eight billion dollars.
Netflix's revenue for the past quarter was $3 billion, with 109 million customers worldwide. Net income was $130 million, up from $58 million in the prior-year period.