Netflix will spend a whopping $7 billion on content next year
Coming just a day after news broke that Apple would be spending $1 billion to create or obtain original programming in the next 12 months, Netflix today announced that in 2018 it will spend seven times that amount, reports Variety. Netflix’s chief content officer Ted Sarandos told the publication that it will spend $7 billion in …
https://www.fastcompany.com/40455019/netflix-will-spend-a-whopping-7-billion-on-content-next-year
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