Thursday 15 September 2016
Netflix is starting to make Hollywood nervous. The streaming service spends $6 billion a year on content, which is staggering: HBO spends a little more than $2 billion, which is already considered a lot. That money is a godsend for anyone hoping to make a show, and the streaming service isn’t shy about offering shows two season deals up front. But Netflix now produces more programming than any individual network or cable station, and that has some executives talking as though a monopoly is on the horizon. “I think it would be bad for storytellers in general if one company…
This story continues at The Next Web
