Menu

Post image 1
Post image 2
Post image 3
Post image 4
Post image 5
Post image 6
Post image 7
Post image 8
Post image 9
Post image 10
Post image 11
Post image 12
1 / 12
0

Netflix Reveals Content Spend Over The Past Decade As Ted Sarandos Says: “While Other Entertainment Companies Pull Back, We’re Leaning In”

Deadline·Max Goldbart·21 days ago
#cHNgRXEu
Reading 0:00
15s threshold

Netflix has revealed for the first time how much it spent on content over the past decade, with Ted Sarandos saying “while other entertainment companies pull back, we’re leaning in.” Marking 10 years since it started making content outside of the States, the streamer revealed that it spent $135B on original shows, films and licensing from third parties. During this time, Netflix said it contributed more than $325B in “gross value added to the global economy.” Publishing a blog alongside a report titled The Netflix Effect, Co-CEO Sarandos took the fight to his competitors. “Over the last decade, Netflix shows and movies have consistently shaped what people read, buy, listen to, eat, wear and play,” he wrote. “Now we have a responsibility to keep that flywheel going.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More