10.

Netflix to spend up to $8 billion on programming next year
Image result for netflix
  • The company said Monday that it will spend as much as 8 billion on shows and movies in 2018
  • Compared to 6 Billion spend overall in 2017
  • In particular, Netflix will be ramping up the number of original movies (around 80)
  • Netflix's big bet on original content as it seeks to raise prices and faces push back from media partners.
  • It now has 109 million subscribers, up from 86 million a year ago.
  • Netflix faces the threat of media companies removing content from its service. In August, Disney stated it remove its content and start up its own stream site.
Netflix is dominating the web in terms of online cable resource and continues to be. In addition, many people see netflixable as a feasible way to receive quality content at a reasonable value.


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