Netflix to Raise Another $2 Billion in Bond Offering as Streaming Wars Heat Up

Uses “may include content acquisitions, production and development,” streaming service says

Netflix plans to raise $2 billion dollars for what it refers to as “general corporate purposes,” which it says “may include content acquisitions, production and development,” among other things.

Here is the full relevant language from the Securities and Exchange Commission filing: “Netflix intends to use the net proceeds from this offering for general corporate purposes, which may include content acquisitions, production and development, capital expenditures, investments, working capital and potential acquisitions and strategic transactions.”

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Tony Maglio

Tony Maglio

TV Editor • tony.maglio@thewrap.com • Twitter: @tonymaglio