By: Mira Kelley
Blogger - Aspiring Photographer/Writer/Creative Director - Social and Legal Enthusiast
This one is hard to believe. According to sources the leading video streaming site has built up $20.54 billion in debt. Investors don't seem to too worried though as they've showed great faith in their plans to finance the debt and add to their already increasing base of subscribers (already up 25% from last year).
Most of their plan will have to rely on the attraction of subscribers to their original content. For this, they plan to spend about $6 billion. The company hopes to hold 50% of original content on its website, a feat that many experts are calling unlikely.