Netflix Reveals $17 Billion in Content Spending in Fiscal 2021

Netflix revealed that it will spend over $17 billion on content this year, according to its first-quarter earnings report. “As we’ve noted previously, the production delays from Covid-19 in 2020 will lead to a 2021 slate that is more heavily second half weighted with a large number of returning franchises,” said the company in its letter to shareholders.

Source: Netflix Reveals $17 Billion in Content Spending in Fiscal 2021

Post a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Get the latest RightsTech news and analysis delivered directly in your inbox every week
We respect your privacy.