Report: Netflix Plans to Spend $13 Billion on Content

Netflix is locked in a heated race for subscribers. Not just with traditional competitors like Amazon and Hulu but also with services like Sling TV.

In 2018, Netflix reportedly planned on spending between $7 billion and $8 billion on content. Now it is being reported by The Economist that Netflix has ramped that up to $13 billion according to a source close to Netflix.

Source: Report: Netflix Plans to Spend $13 Billion on Content

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