Netflix CFO: We’re Going To Have 700 Original Programs On Our Platform In 2018

Building such a massive library of original content has come at a steep price. Days after Netflix announced its $8 billion budget for its 2018 originals slate, it revealed its plan to take on another $1.6 billion of debt to finance those operations. Wells, however, doesn’t see the platform slowing down its spending any time soon. “Let’s continue to add content — it’s working, it’s driving growth,” he said. “There’s no magic line where you know exactly where you are.” – Sam Gutelle, Tubefilter http://ift.tt/2GPoIwM
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.