Netflix says 85% of spending is on original programming

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  • Netflix’s chief content officer Ted Sarandos estimates that 85 percent of the company’s total spending this year is on their original programming.

    Sarandos made the announcement at MoffettNathanson’s Media & Communications Summit 2018 in New York, as reported by Variety.

    During the conference, he also announced that Netflix has 470 originals still scheduled to premiere this year, bringing their total up to 1,000.

    A recent study by 7Park Data found that 80% of US users viewed licensed content, such as ‘Breaking Bad’. Sarandos, however, said that 90% of their users regularly watch originals.

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