Netflix highlights studio ambitions, focus on partnerships

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Netflix sees a growing proportion of its international subscriber base coming from distribution partnerships, while its increased content spend next year will see it “become one of the most important studios” globally, according to Maria Ferreras, VP of business development EMEA at the SVOD giant.Maria FerrerasSpeaking at the OTT TV World Summit in London today, Ferreras reiterated that Netflix will spend between US$7 and US$8 billion on content next year and “will become one of the most important studios”. She said that Netflix will also spend more on creating content from international markets. “It will not only be global but also local productions, which is very important,” she said.

Source : Netflix highlights studio ambitions, focus on partnerships | Digital TV Europe

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