Netflix Spent $12 Billion On Content In 2018. Analysts Expect That To Grow To $15 Billion This Year

Todd Spangler, Variety
Fri, 01/18/2019 - 3:56pm

Netflix’s binge-spending on content isn’t expected to slow down: The streamer spent a whopping $12.04 billion in cash on content last year, up 35% from $8.9 billion in 2017, according to its fourth-quarter 2018 earnings report. For the year ahead, Wall Street analysts see that climbing 25% — to around $15 billion on a gross cash […]

Topics: wall street netflix spent content analysts expect billion year cash

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Netflix Spent $12 Billion On Content In 2018. Analysts Expect That To Grow To $15 Billion This Year

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