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Netflix spending a Bomb on Content in 2021

2021-04-21 10:03:57 :

High digital platform Netflix introduced that it will be spending 17 billion USD on the content material this yr. With the continued coronavirus pandemic, Netflix is eager to ship increasingly more revolutionary content material for the subscribers. A number of tasks delayed as a result of pandemic because the shoots are stored on maintain. However Netflix had a document progress in the variety of subscribers and the highest streaming big added 4 million new subscribers this yr. There are speculations that 1 millon new subscribers shall be added in the second quarter. Netflix introduced that there can be upcoming seasons for a number of spectacular tasks.

Netflix additionally introduced its sturdy lineup for the upcoming months lately. With the brand new subscribers growing at a quick tempo and contemplating the pandemic state of affairs, Netflix determined to spend extra on the reveals and movies. Netflix spent 11.8 billion USD final yr and 13.9 billion USD was spent in the yr 2019. Probably the most-watched reveals on the platform are mentioned to be Destiny: The Winx Saga (57 million), Ginny and Georgia (52 million), Firefly Lane (49 million) and Cobra Kai: Season 3 (45 million). Probably the most-watched movies on Netflix are Exterior the Wire (66 million), Sure Day (62 million), I Care a Lot (56 million). 

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