Netflix entered into a $5 billion senior unsecured revolving credit facility and two senior unsecured delayed-draw term loan facilities totaling $20 billion, according to a filing with the SEC.
Netflix has refinanced part of a $59 billion bridge loan arranged to support its potential acquisition of Warner Bros Discovery , according to a regulatory filing on Monday.
Netflix has gained more than 24,000% since June 2006, turning a modest investment into a life-changing nest egg. The company killed the DVD rental chains and now dominates streaming; game-changing adaptability is its superpower.
Netflix has handily outperformed the stock market over the last 10 years. Its position as the top streaming service was a huge competitive advantage that helped it grow to over 300 million subscribers.
Netflix's revenue and operating income both grew at impressive rates through the first nine months of 2025. Management is constantly looking for new ways to drive engagement and growth.
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