Netflix Planning To Raise Their Debt $1 Billion More For Content Including Comedy Series and Specials

(via Variety)

In order to follow up in their plans to release triple the amount of content that they did last year, Netflix is plunking down a big pile of IOUs, around a billon of them in fact. 

The online streaming service is set to release 320 hours of their own content, which will include the Wet Hot American Summer mini-series, the next season of BoJack Horseman, and Aziz Ansari’s Live at Madison Square Garden just to name a few.

The four picture deal with The Duplass Brothers just struck at Sundance will probably benefit from this as well.

All told, Netflix seems like it’s full-fledged major studio/network as opposed to just an online streaming service.