Netflix (NFLX) is the global leader in streaming movies and TV shows and has remained focused on investing in original content as well as original programming to grow its subscriber base worldwide. Internationally, Netflix has recently ramped up the production of new shows and movies across Europe in 2019. According to a Financial Times report on November 26, Netflix plans to invest around $1 billion on original and co-produced content in Europe (EFA) to produce about 221 new shows in 2019 including 153 originals.
is it just me or does NETFLIX spend a lot on content, Like they paid Dave Chappel something like $60 million for his three episodes… how do they justify that? Does it bring in over sixty million in revenue that otherwise it would not?
too much. NFLX is spreading itself thin and now the stock has fallen off a cliff, good job Netflix .
they are spending a lot and their stock prices are down and still falling, losing a lot of money.