global spending

Is A Content Bubble Responsible For Netflix’s $20B In Debt?

Is A Content Bubble Responsible For Netflix’s $20B In Debt?

You’ve got to spend money to make money. That appears to be the mantra over at Netflix, where the DVD-by-mail service turned mega-streaming outlet has racked up nearly $20 billion in debt expanding its platform to new areas, producing original content, and buying the rights to show other company’s movies and TV shows. [More]