Netflix to spend $17bn on 2021 content, falls short of Q1 subscriber targets
Netflix is starting to face competition in terms of content budgets with the likes of Disney+ looking to spend around $8bn a year over the next few years.
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Netflix is starting to face competition in terms of content budgets with the likes of Disney+ looking to spend around $8bn a year over the next few years.
It's likely part of the company's efforts to appeal to audiences in Asia and international markets.
