Netflix has so far chosen debt as its preferred method of financing its global ambitions. In the last year, the long-term debt level has more than doubled to $4.84 billion. Four years ago, the level was at just half a billion dollars.
Netflix believes that favorable interest rates make debt an attractive option and it is looking increasingly to foreign capital markets to fund its growth. In May, the company issued the equivalent of $1.84 billion in notes on the European market, due in ten years.