Netflix, Amazon Streaming Content Spend To Double In 5 Years

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Media companies like Disney and NBCUniversal still lead the way when it comes to cash spent on content, but digital giants Netflix and Amazon are not far behind. They are poised to ramp up their spending even more over the next few years. The TV and video analytics firm Ampere Analysis estimates that in 2017, Disney spent around $12 billion on content, NBCUniversal $11 billion, Netflix $6 billion and Amazon $5 billion. Netflix has already said it expects to spend $8 billion on content in 2018.

Source : Netflix, Amazon Streaming Content Spend To Double In 5 Years 09/17/2018

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