Entertainment
Netflix to Spend $17 Billion on Content in 2020

Online streaming service Netflix is set to spend $17 billion on content this year.
According to a forecast by Wall Street firm BMO Capital Markets, the streaming service will invest around $17.3 billion. According to BMO, Netflix’s new budget will largely focus on originals.
This year’s projection is an increase from $15.3 billion spent in 2019.
The brand’s spending will reportedly top $26 billion by 2028.
Despite the rise of competing streaming services, Netflix has maintained steady subscriber growth. BMO Analyst Dan Salmon, via ‘Variety’ In 2019, Netflix debuted a record of 802 hours of original programming and landed 24 Academy Awards nominations.
-
Banking & Finance2 months ago
Oman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
Bahrain2 months ago
SPIEF 2025 focused on global and regional economic processes, market transformation, new tech, investment climate, financial policy and people
-
Banking & Finance1 month ago
National Finance Reinforces Position as Partner for Growth, Offers a Comprehensive Product Suite to Support Customer Ambitions
-
OER Magazines2 months ago
OER, June 25
-
Energy1 month ago
Russian Energy Week from October 15-17, 2025 offers alternative formats of cooperation
-
Banking & Finance2 months ago
The Future of the International Financial System to be discussed at SPIEF 2025
-
Retail2 months ago
All services are moving toward personalisation says Tatyana Kim, Founder of Wildberries and Head of RWB
-
Alamaliktistaad Magazines2 months ago
Al-Iktisaad, June 25