Saturday, April 20, 2024

Netflix could spend $8 billion on content next year

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Once again, Netflixs quarterly earnings report (PDF) shows its added even more customers (5 million in the US alone), and now boasts more than 115 million subscribers worldwide. The company is now five years into its original content strategy that first drew attention with House of Cards, which turned into a string of series including hits like Stranger Things and Orange is the New Black.

Of course, with more competition turning up (Amazon, Hulu, CBS All Access and, eventually, D…<...
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