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Netflix to invest 85 percent spending on original content

ANI  |  California [United States] 

Original content is what is set to keep the interested in the new-age and is taking note of that.

at estimated 85 percent of the company's total spending is going to new shows and movies, reports.

He also said that has 470 originals scheduled to premiere through the end of the year. This will bring the total number of originals to around 1,000.

Netflix had reportedly projected that its spending on content will be $7 billion to $8 billion this year.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, May 15 2018. 12:05 IST