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Netflix to raise $2B in debt to fund more original content
- anoncoward111 8y agoWhen you are sitting on nearly 1B a year in cold hard cash profit, I guess suddenly it becomes very efficient to just make the content yourself rather than pay a middleman in Hollywood! I wonder, are most studios and writers "on the NFLX books", or do they work for small external studios? This would impact NFLX's costs and IP rights in interesting ways if they are keeping it off the books. Methinks they have enough money and power to maintain complete ownership. Amazon does the opposite-- delivery drivers and factory workers are usually employed by faceless contracting firms like "AFS Delivery Inc" of etc