Needing cash like never before due to its ever-increasing roster of original shows, Netflix has added $200 million to its previous 4.375% senior notes offering, bringing the sale’s total to $1 billion.

The notes are due in 2026, with interest on them payable in cash on a semi-annual basis starting in May of next year.

Netflix will use the funds to help offset its budget for original movies and TV shows, which was recently increased to billion as the company works to have half of its content produced in-house.
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Is this additional leverage a smart long-term move for Netflix, or will there come a day of reckoning for its enormous investment in original content?
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[via Home Media Magazine]