Its more than 50 original shows garnered 91 Emmy Award nominations this year, second only to premium cable service HBO. Netflix has accumulated a hefty $20.54 billion in long- and short-term debt in its effort to produce more original content. Reflecting its growth, Netflix recently moved its Southern California headquarters into a 14-story building in Hollywood. — Mike Vorhaus, president of Magid AdvisorsA big chunk of Netflix’s expenses goes to licensing TV series and movies. Netflix is still fairly low on the learning curve compared with HBO, and its self-produced original series have had mixed success.

Source: Los Angeles Times July 29, 2017 09:56 UTC