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Netflix to allocate 85% of new spending on original TV shows

Tuesday 15 May 2018 | 09:35 CET | News
Netflix is directing around 85 percent of new spending to original TV shows, films and other productions, writes online publication Variety.com citing chief content officer Ted Sarandos. He was speaking at the MoffettNathanson's Media & Communications Summit 2018 in New York. The company expects its content spending for 2018 to be up to USD 8 billion.

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Categories: Broadcast & Satellite / Internet
Companies: Netflix
Countries: World
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