Asked By: Cecil Hermann
Date created: Tue, Feb 16, 2021 10:58 PM
Date updated: Thu, Jun 23, 2022 11:16 AM
Top best answers to the question «How much did netflix spend on original content in 2019»
Netflix spent an estimated $15 billion on original content in 2019, ahead of Disney+ and Apple TV+'s launches.
How much does Netflix spend on original content?
- A new forecast from BMO Capital Markets estimates the company will lay out $17.3 billion in cash for original content this year, a $2 billion increase from 2019. By 2028, the analyst firm predicts, Netflix will spend $26 billion per year on content. The estimate comes as competition continues to heat up.