Could Netflix Spend $20 Million per Hour on a Series? CFO Says It’s Conceivable

READ ON: Variety
Will Netflix go completely hog-wild and spend upwards of $20 million per hour of content for an original TV series? CFO David Wells, noting that the internet video subscription now has 104 million customers worldwide, said that the economics of Netflix’s model could support such unheard-of production budgets given its global audience base. “Certainly, we...
Read more »