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Netflix announces plans to offer $1B in junk bonds to fund operations and potential acquisitions; as of the end of March, Netflix reported $14.17B in debt

Netflix is going back to the debt markets yet again, announcing plans to offer $1 billion in junk bonds to fund operations and potential acquisitions.

Variety Todd Spangler

Discussion

  • @richlightshed Rich Greenfield on x
    Putting Netflix's absurd Q1 globally subscriber growth in context — look at Q1 2020 compared to “full-year” 2012-2019 🔥👀👇 $NFLX @netflix https://twitter.com/...
  • @lukeoneil47 L U K E on x
    I'm now a truther that Netflix unleashed the virus https://twitter.com/...
  • @lanceulanoff Lance Ulanoff on x
    Look at what Stay at Home orders did to the Netflix subscriber base https://www.cnbc.com/... https://twitter.com/...
  • @adrianweckler Adrian Weckler on x
    Netflix has had a MASSIVE quarter: +16m subscribers in 3 months Highest growth in Europe (4.4m) No sport, no ads and Tiger King = perfect pandemic biz model https://www.nytimes.com/...
  • @nytimes @nytimes on x
    A record 16 million people signed up for Netflix in the first 3 months of this year as the coronavirus started to disrupt daily life around the world https://www.nytimes.com/...
  • @larrymadowo Larry Madowo on x
    I guess you're all hate-watching Tiger King (or Money Heist?) now. Netflix just added 15.8 million new subscribers as coronavirus kept the world at home https://www.wsj.com/...
  • @wsj @wsj on x
    Netflix added 15.8 million paid subscribers world-wide in the latest quarter, more than twice as much as it expected https://www.wsj.com/...
  • @nbashaw Nathan Baschez on x
    Not often you see a mature public co. beat their estimate by 100%+! https://www.wsj.com/...
  • @loudmouthjulia Julia Alexander on x
    New: Netflix adds 15M subs, but a lengthy letter to shareholders warns of tough times. Netflix also warning shareholders to anticipate a drop in subscribers when people can go back to their normal lives. Content wise? Netflix acknowledges production issues, but says they're fine …
  • @anthony Anthony DeRosa on x
    We now know what Netflix's COVID bump looks like: 15.8 million new paid subscribers around the world in the quarter, more than double the 7 million it had predicted. In the first quarter a year ago, Netflix added 9.6 million new subscribers globally. https://www.wsj.com/...
  • @katie_robertson Katie Robertson on x
    It's official. Everyone IS only watching Netflix and not actually doing the craft project they bought on Amazon in a fit of despair on a Tuesday night when the liquor ran dry and the darkness crept in https://www.nytimes.com/... from @edmundlee
  • @andrepiper89 @andrepiper89 on x
    guess @disneyplus hasn't made the dent I thought it would. @netflix is still king for now. https://twitter.com/...
  • @jamestitcomb James Titcomb on x
    Netflix signed up 15.8m new subscribers in the first three months of 2020. More than double what it expected back in January https://s22.q4cdn.com/...
  • @shiraovide Shira Ovide on x
    Netflix gives a snapshot of pandemic-related economic ripples. No dubbing in Italian because voice actors are shut in, for example. Netflix is tinkering with the product less. (Unclear if this is to not annoy customers, or not to stress staff.) https://s22.q4cdn.com/...