Netflix adds to growing debt pile with US$2bil bond issue
Netflix Inc announced on Monday it will tap debt markets for a second time this year, aiming to raise another US$2 billion as the streaming video pioneer invests heavily in production of original shows and content acquisition to fend off intensifying competition.
KUALA LUMPUR (Nov 19): The Malaysian government has issued licences to four companies apart from Measat Broadcast Network Systems Sdn Bhd to provide satellite TV broadcasting services as part of a move to eradicate monopoly in the segment.
Measat operates as a subsidiary of Astro Malaysia Bhd.
However, the four companies — Ansa Broadcast Sdn Bhd, Jaringan Mega Sdn Bhd, Smart Digital International (M) Sdn Bhd and High End Net Sdn Bhd — have not initiated their services, said deputy communications minister Eddin Syazlee.