Netflix Reveals $17 Billion in Content Spending in Fiscal 2021

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Netflix revealed that it will spend over $17 billion on content this year, according to its first-quarter earnings report. “As we’ve noted previously, the production delays from Covid-1…

revealed that it will spend over $17 billion on content this year, according to its first-quarter earnings report.

That’s a notable uptick from the streamer’s 2020 spend of $11.8 billion, as the pandemic prompted production delays across the industry, and a 2019 content spend of $13.9 billion. On the film side, Netflix members gravitated toward “Outside the Wire” , “Yes Day” , “I Care a Lot” , and the last movie in the “To All the Boys I’ve Loved Before” trilogy .

 

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