A running joke throughout the latest season of South Park saw a Netflix representatives continually answering the phone to a call from a bunch of 4th graders with,Hong Kong Movies | Adult Movies Online "Netflix, hello, you're greenlit. Who am I speaking with?"
Well, it turns out the joke was more true to life than anyone could have ever imagined.
According to Variety, at the Morgan Stanley Technology, Media & Telecom Conference on Feb 27, CFO David Wells stated that the streaming mogul will spend around $8 billion on content this year. A big chunk of that is going to original shows, which he said will result in a total of roughly 700 Netflix originals in 2018.
A Netflix representative told Mashable that this content budget includes properties we already know and love likeStranger Things, as well as licensing content from partners like AMC's The Walking Dead.
While 700 is an astounding number, it isn't deviating from Netflix's established business model of using original content to drive subscriptions. “Let’s continue to add content — it’s working, it’s driving growth,” Wells said.
The question of quality, however, does not appear to be a focus. But Wells did mention how they would be using a good portion of these funds for international Netflix programs, like their German hit Dark. They currently plan on including 80 foreign shows and films this year.
SEE ALSO: The cast of 'Queer Eye' gives us their take on millennial trendsBut Wells did further explain one shift in the company's strategy. Last month, Netflix revealed to investors that it would increase their spending on marketing from $1.3 in 2017 to $2 billion in 2018.
"We used to think every incremental dollar was best spent on content," he said. "We think marketing is a multiplier on the content spend."
That all makes sense -- even if we already feel winded from just the ideaof sifting through several hundreds more shows before finally finding a decent one to binge.
Updated on March 1 at 1pm PT: More context on the exact nature of the $8 billion budget for content was added to this article, courtesy of a Netflix representative.
Topics Netflix
A Typical Wall Street Republican
AirPods Pro 3 seemingly confirmed in Apple leak
Best AirTag holder: Get the Belkin Apple AirTag Secure Holder with Clip for under $10
Thunder vs. Nuggets 2025 livestream: Watch NBA playoffs for free
Hurricane Laura's impact lingered with nightmarish mosquito swarms
Best Sony earbuds deal: Over $100 off Sony XM5 earbuds
Corsair K70 Mechanical Keyboard deal: Get 41% off
Beatbot AquaSense 2 robotic pool vacuum: $500 off
Shop Owala's Memorial Day Sale for 30% off tumblers
Wordle today: The answer and hints for May 16, 2025
Exceptionally rare radio sources detected in the distant universe
NYT mini crossword answers for May 19, 2025
Best cordless vacuum deal: Save $130 on the Samsung Jet 60 at Best Buy
Best portable power station deal: Save 40% on the Bluetti AC300 with expansion battery
Best portable power station deal: Save 44% on the Jackery Explorer 100 v2
Best Garmin deal: Save $100 on Garmin Venu 3S
‘Empire of AI’ author on OpenAI’s cult of AGI and why Sam Altman tried to discredit her book
I've made $27,000 walking dogs. How you can, too
Bomb Envy
Thunder vs. Nuggets 2025 livestream: Watch NBA playoffs for free
Alibaba reports 8% revenue growth in December quarter, outlines AI strategy · TechNodeBaidu Search integrates DeepSeek and Large Model ERNIE for advanced search · TechNodeSamsung devices get Circle to Search with translation and homework helpBaidu Search integrates DeepSeek and Large Model ERNIE for advanced search · TechNodeWalmart's Prime DayScientists discover where the huge dinosaurSmiley face on Mars is a telltale sign of its past'House of the Dragon' Season 2, episode 4: Pay attention to the dogs at HarrenhalSamsung Galaxy Z Fold 6 unveiled at Unpacked July 2024Li Auto shares surge after teasing its first allScientists discover where the huge dinosaurEngineAI unveils world's first humanoid robot able to complete front flip · TechNodeSamsung devices get Circle to Search with translation and homework helpVolkswagen, CATL extend partnership to develop EVs with swappable batteries · TechNodeNASA rover finds place where 'exciting' events occurred on MarsFormer Google DeepMind VP joins ByteDance as Seed team research lead · TechNodeXiaomi to invest $4.2 billion in R&D development in 2025 · TechNodeNASA just found unexpected loads of water ice on the moonBaidu’s ERNIE Bot to offer free access to latest features starting April 1 · TechNodeTencent and 2K team up to launch mobile game NBA 2K All Star on March 25 · TechNode Aston Martin is recreating James Bond's DB5 from 'Goldfinger' — with gadgets Angela from 'The Office' called out her nephew for his Tinder photo 'Wordle' today: Here's the answer, hints for April 12 Elon Musk offers to buy Twitter. Yep, the whole damn thing. TikTok is testing a dislike button for comments Yeah, Walter White and Jesse Pinkman will be in 'Better Call Saul' final season Netflix introduces 'two thumbs up' in attempt to refine its recommendation algorithm The 10 most unhinged parts of Omarosa's 'Unhinged' Queer barbers on Instagram make the internet a kinder, hotter place Toronto residents turned this pothole into a tomato garden The internet can't handle Nick Jonas and Priyanka Chopra's engagement The website for Vermont's 14 On Neptune, strange and unexpected things are afoot Eric Trump tweets that he hates ‘disloyal people’ and is swiftly reminded of his own family WhatsApp's new 'Communities' messaging tool sounds a lot like Slack The public doesn't agree with Elon Musk's 'freedom of speech' Twitter crusade How to use VPN on an iPhone Mom finds very creative new use for her daughter's degree Dr. Pimple Popper on the one thing even she finds disgusting Yelp will cover travel expenses for abortion access, but there's still progress to be made
2.2773s , 8200.0234375 kb
Copyright © 2025 Powered by 【Hong Kong Movies | Adult Movies Online】,Warmth Information Network