Why ‘Friends’ is still important to content providers 14 years laterDecember 11, 2018 8:18 pm Leave your thoughts
Netflix is continuing to ramp spend on original content potentially reaching $13B this year!
Feature films by studio in 2018:
1) Netflix — 82
2) Warner Brothers — 23
3) Disney — 10
Peak content? Jeffrey Katzenberg will be launching a new video startup with $800M in funding.
Strong pedigree: Katzenberg launched Dreamworks which was later sold to Comcast for $3.8B in 2016.
Netflix blew away Wall Street expectations adding 5.2m subscribers vs. a projection of 3.2m. They beat the target by 63%!!!!
The stock is up 30% this year.
Netflix crushed Q1 earnings just like they did in Q2, Q3, and Q4.
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