STREAMING

Netflix will spend more on content than any Hollywood studio in 2018
The accounts indicate that the final bill of Netflix will reach the 13 billion dollars spent on the development of original content, only in 2018. In this set include TV series, movies, comedy specials and documentaries. The Economist notes that this figure is higher than any other Hollywood movie studio or television station in North America. By the end of the year, the company will have 82 new films. Disney will release 10 throughout the year and Warner Bros., 23.Goldman Sachs estimates that the platform has an annual budget of $ 22.5 billion in 2022, just to invest in new content. However, it is noted that the company has not yet made a profit, with a total debt of 8.5 billion at the moment.The streaming service, which gained 7.4 million new subscribers during the first three months of the year, already has 125 million subscribers worldwide. The average monthly fee paid for each of these users is around $ 10.Note that the service may introduce a new mode of payment, Ultra, which should start charging more for the superior visual quality of the American contente.



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