Netflix Spends More On Content Than Anyone Else On The Internet — And Many TV Networks, Too

February 27, 2018

Netflix original “Stranger Things 2”

 Netflix

Not only does Netflix spend more money on non-sports content than any streaming provider, it also spends more than many traditional TV media companies.

In 2017, Netflix spent $6.3 billion on original and acquired programming, according to data from MoffettNathanson. That puts it in league with what traditional TV and film content companies like HBO owner Time Warner ($8 billion), Fox ($8 billion) and Disney ($7.8 billion) spend on non-sports programming.

NBCUniversal*, which operates over 10 networks, spends the most on non-sports programming at $10.2 billion.

Netflix’s content spending is higher than Viacom’s (which owns Nickelodeon and MTV), Amazon’s or CBS’s, as well as newer video entrants like Apple and Facebook, both of which spend about $1 billion annually for video content. Netflix, meanwhile, is planning on increasing that budget to $8 billion in 2018 as it works toward filling its library with half original content.

Read More:
https://www.recode.net/2018/2/26/17053936/how-much-netflix-billion-original-content-programs-tv-movies-hulu-disney-chart