Netflix Is Burning Cash in Its Shift to Originals

This rapid shift from licensed to original content is the single biggest difference between Netflix and, say, HBO, whose spending on originals has remained constant in percentage terms over the past five years. Even Amazon isn’t spending at nearly the same levels as Netflix, and it has a massive e-commerce business to generate cash. – Jan Dawson, Variety http://ift.tt/2t3cdqE
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