Netflix is projected to spend over $17 billion on content in 2020 - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

To maintain its status as a streaming staple and sustainably fund international growth, Netflix will have to focus content spend in Western markets:

Business Insider Intelligence Oscar nominations. The company will release its Q4 earnings next Tuesday, and we expect solid subscriber growth given the success of year-end shows like "You," "The Witcher," and movies like "The Irishman."

Even though most of Netflix's subscriber growth comes from non-domestic markets — APAC in particular — it isn't expected to spend big on content in high-growth regions. Netflix has more or less hit reached saturation in the US: In Q3 2019, Further, company execs have said they expect the service's next 100 million subscribers to come from India as well as Southeast Asian, per The Information.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

BMO Capital Markets has published a spending estimate that anticipates that Netflix will pay out $17.3 billion in content in 2020, up from the $15.3 billion invested in 2019 per variety. 6029 SOPHIA33277

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Detroit high school teacher buys and renovates an abandoned home - Business InsiderA high school teacher bought a 'trashed' home in Detroit for $2,600 and got it into livable condition in less than 2 years. Here's how she did it.
Source: BusinessInsider - 🏆 729. / 51 Read more »

12 books on diversity coming in 2020 every leader should read - Business InsiderFrom MeToo in the workplace to how to be a more inclusive leader, these titles address important issues affecting all organizations.
Source: BusinessInsider - 🏆 729. / 51 Read more »

EU trade chief says it's impossible to agree Brexit trade deal in 2020 - Business InsiderThe EU's trade commissioner Phil Hogan says Johnson will not be able to keep his promise to secure a new free trade deal with the EU this year. hasn't he got a trade deal for Northern Ireland hasn't he got a trade deal for Scotland but he hasn't got a trade deal for England has he got a trade deal for the UK AdamBienkov Bloody remoaners AdamBienkov Phil Hogan never achieved anything as a minister in Ireland which is why he was put out to grass in a cushy job in the EU. So he has a history of lacking ambition.
Source: BusinessInsider - 🏆 729. / 51 Read more »