Netflix had to become a content producer to compete with other streaming services. To raise the money to pay for all that content, the company turned to junk bonds.
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mm recommended:Feb 27th, 2020
Netflix is slowly becoming a film and TV production studio out of necessity because studios are pulling out their movies and shows for their own streaming services like Disney+. They do have first mover advantage right now but will be interesting to see whether that holds and whether their content w...Show More