7 years ago
Netflix to spend up to $8 billion on programming next year
Netflix and chill doesn't come cheap. The company said Monday that it will spend as much as $8 billion on shows and movies in 2018, up from $6 billion earmarked for content this year. The boost in spending comes at a time when tech giants like Apple (AAPL, Tech30), Amazon (AMZN, Tech30) and Facebook (FB, Tech30) are all using their sizable checkbooks to hunt for original shows and movies.
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http://money.cnn.com
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