• Netflix Reveals $17 Billion USD Budget On Content This 2021

    20 days ago - By Hypebeast

    Netflix has revealed that it will continue to apply greater spending to build its content, announcing a $17 billion USD budget for 2021. Variety has obtained a quote from Netflix stating, "We'll spend over $17 billion in cash on content this year and we'll continue to deliver an amazing range of titles for our members with more originals this year than last." This is a noteworthy uptick from the streamer's 2020 budget when it spent $11.8 billion USD due to production delays caused by the pandemic. However, although the streamer continuously exceeds its revenue projections, it still missed...
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