How much Netflix spending is going toward original shows?

How much Netflix spending is going toward original shows?

It expects to spend a whopping $8 billion on content this year but Sarandos stopped short of breaking up how much of that $8 billion will be used for licensing costs vs spending on original content.

Differentiating its local original content from that of local broadcasters will help Netflix succeed in what he termed "a television starved market", speaking at the MoffettNathanson Annual Media & Communications Summit in NY. The company expects its content spending for 2018 to be up to United States dollars 8 billion.

The good news is that Netflix has been responsible for a lot of great stuff over the past several years, with a diverse range of programming to try and match the varying wants and needs of the audience.

Speaking at a MoffettNathanson media conference on Monday, Sarandos said that 85 percent of Netflix's new spending on content is going toward the company's own original works. Whether it's Marvel TV shows, stand up comedy, talk shows, or films of varying quality.

As Variety reports, the streaming service hopes to have 1000 original shows on Netflix by the end of 2018, with 470 of those shows premiering between now and the end of the year. Are you having trouble keeping up?

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Sarandos believes the best way forward for Netflix is to recruit like-minded people - filmmakers that actually use and love the service.

"The creators we're talking to, they watch Netflix and they want to be on our network", Ted said, Via NY Post.

While we all love the rise of streaming services for giving us a place to remember how much we love shows that are no longer on the air, Netflix has been creating some truly awesome original shows and movies.

Netflix, he added, will provide content that is cinema infused with television.

He also revealed that films make up about a third of viewing on Netflix across its entire footprint, with viewers often breaking up watching 13 or 26 hours-worth of series by watching a movie.

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