Netflix's primary business is a streaming video on demand service now available in almost every country worldwide except China. Netflix delivers original and third-party digital video content to PCs, Internet-connected TVs, and consumer electronic devices, including tablets, video game consoles, Apple TV, Roku, and Chromecast. In 2011, Netflix introduced DVD-only plans and separated the combined streaming and DVD plans, making it necessary for subscribers who want both to have separate plans.
Profitable
Publicly Held
Corporation
The company (NASDAQ:NFLX) raised $1 billion of debt financing in the form of Senior debt on April 24, 2016. The company intends to use the funding to provide liquid assets it can use to acquire content, make investments, acquire targets and engage in strategic transactions, as well as help with general business expenses.
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