Netflix Targeting 50% of Content to Be Original Programming, CFO Says

In 2016, Netflix expects to launch 600 hours of original programming, up from 450 hours in 2015, content chief Ted Sarandos said at the start of the year. The company has projected content spending on a profit/loss basis to rise from $5 billion this year to more than $6 billion in 2017. – Todd Spangler, Variety http://ift.tt/2cmmBB5
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