Speaking of Netflix, the title above says it all. Incredible.
The company’s strategy continues to be, “Let’s continue to add content — it’s working, it’s driving growth,” Wells said.
Asked how much content spending is enough for Netflix, Wells replied that “there’s no magic line where you know exactly where you are” in terms of efficiency. In addition to original series, Netflix is planning to release 80 original films in 2018, chief content officer Ted Sarandos said last fall.
80 films -- makes sense.Read more...