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Netflix's debt problem / Allegra Hobbs.

SAGE Business Cases 2020 Annual Collection Available online

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Format:
Book
Author/Creator:
Hobbs, Allegra, author.
Series:
SAGE Business Cases.
SAGE Business Cases
Language:
English
Subjects (All):
Netflix (Firm)--Case studies.
Netflix (Firm).
Streaming technology (Telecommunications)--Case studies.
Streaming technology (Telecommunications).
Junk bonds--Case studies.
Junk bonds.
Physical Description:
1 online resource.
Place of Publication:
London : SAGE Publications: SAGE Business Cases Originals, 2020.
Summary:
Netflix, already roughly USD 12 billion in debt, announced twice in 2019 that it planned to raise an additional USD 2 billion in junk bonds (bonds issued by companies considered likely to default that are high-yield to compensate investors for the inherent risk) in order to finance programming and production costs. Is Netflix digging itself into a hole by accumulating debt, or is it making strategic investments to create more content that will pay off in the long run?
Notes:
Description based on XML content.
ISBN:
1-5297-2947-5
9781529729474
OCLC:
1141296477

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