New Netflix Debt From Warner Bros. Deal to Top $60 Billion

Netflix is taking on more than $60 billion in debt in its $72 billion acquisition of Warner Bros. Netflix says it will use $10.3 billion in cash on hand and borrow $50 billion to fund the cash portion of the takeover. It will also shell out roughly $11.7 billion in stock to Warner investors and absorb Warner’s $10.7 billion in studios and streaming debt in the deal, which carries an enterprise value of $82.7 billion.