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REALITY CHECK A Netflix exec recently said their target is the release of 80 original films this year, which range from “sub-indie” low-budget pictures to “$100 million blockbusters.” Netflix's efforts to produce new content, secure the rights for additional content, and diversify through 190 countries has resulted in the company racking up billions in long-term debt: $21.9 billion as of September 2017, up from $16.8 billion from the same time the previous year, although only $6.5 billion of this is long-term debt; the remaining are long-term obligations.