80 original movies, and everything else Netflix is spending $8 billion on in 2018
In a letter to investors this week, Netflix revealed that it is planning to spend up to $8 billion on content in 2018, which would mark a new high for the streaming service. In fact, the increase in spending alone is more than HBO spends on programming in an entire year, which goes to show just how massive Netflix has become in recent years.
But as jaw-dropping as the numbers might be, Netflix subscribers aren't really interested in the amount of money the company is going to spend in any given year. They want to know what Netflix is spending that money on.
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