Netflix Content Spending to Top $17 Billion in 2020 – Variety
Netflix Content Spending to Top $17 Billion in 2020 – VarietyNetflix is keeping its foot pressed firmly on the gas pedal in the streaming-video road race. The streamer will invest around $17.3 billion this year in content on a cash basis, according to a new forecast by Wall Street firm BMO Capital Markets. That’s up from around $15.3 billion in 2019. And N...