How much content does $8B buy? The answer from Netflix appears to be 700 original TV shows and 80 original movies.
Quick math. That is a pace of 1 original show every 13 hours and 1 original movie every 5 days.
Flashback. Netflix blew past subscriber growth targets in Q4, and the stock is soaring to record highs
Peak TV? The numbers of original scripted shows was projected to surpass 500 in 2018 prior to this announcement.
Original scripted shows by year (% change YoY):
1) 2009–210
2) 2010–216 (↑ 3%)
3) 2011–266 (↑ 23%)
4) 2012–288 (↑ 8%)
5) 2013–349 (↑ 21%)
6) 2014–389 (↑ 12%)
7) 2015–422 (↑ 9%)
8) 2016–455 (↑ 8%)
9) 2017–487 (↑ 7%)
10) 2018P — 500+ (↑ 3%+)
More. Cord Cutting Hits Another Record, Bashing Cable andTelecom Stocks