Thursday, 16 August, 2018

Stay Tuned! Netflix Set To Release 1000 Original Shows This Year Alone

Netflix sign Los Gatos Netflix exec says 85 percent of new spending will go towards original content
Rita Gibson | 16 May, 2018, 22:28

This story was delivered to Business Insider Intelligence "Digital Media Briefing" subscribers hours before appearing on Business Insider.

The company's chief content officer said the company will reach 1,000 shows by the end of 2018.

While we all love the rise of streaming services for giving us a place to remember how much we love shows that are no longer on the air, Netflix has been creating some truly awesome original shows and movies.

Netflix had reportedly projected that its spending on content will be $7 billion to $8 billion this year. Netflix also sees an opportunity to create more unscripted programming which at present makes up 7 percent of its portfolio, compared to 40 percent of viewing on USA television. Meanwhile, films account for about a third of viewing across Netflix's entire global footprint.

In a research note Tuesday, Olson said his survey results suggest that two-thirds of Netflix's USA subscribers would stick with the service even if it raised prices to $15 a month or more. Netflix has primarily achieved that role as aggregator by licensing content from programmers.

School Resource Officer Credited with Saving Lives in Dixon High School Shooting
In regard to the students and teachers, Simonton said they were prepared and that they did exactly what we asked them to do. The school resource officer confronted the suspect, who then fled from the school with the officer in pursuit, Howell said.

With hit Netflix originals like Stranger Things and The Crown returning in 2019, there are more than enough open weekends for Netflix original programming throughout the rest of the year.

Netflix has anticipated a reckoning moment when programmers would get wise and start hoarding their content exclusively for themselves and their own direct-to-consumer (DTC) services, as Disney is now doing. And now that they're partnering with stronger and stronger talent every day, we can't wait to see how the caliber of original programming on the streaming service will continue to improve.

Content diversity is arguably the key to subscriber retention.

Netflix is easily one of the biggest streaming services on the planet right now.

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