Netflix Projected to Spent Over $17 Billion on Content in 2020

Netflix Projected to Spent Over $17 Billion on Content in 2020

Wall Street firm BMO Capital Markets has conducted a study and it appears as if they believe Netflix will spend $17.3 billion on their content in 2020.

If you’re curious, the 2019 estimate for how much they’d spend on original content that year was $15.3 billion, so this is an increase of $2 billion, Variety reports.

So far, Netflix has 29 original movies planned to debut in 2020 – be sure to see which films will be streaming in the next few months!

Meanwhile, some Netflix users are greatly disappointed with the streaming service after this announcement was made.

 

From our friends over at the : Just Jared

 

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