There will be 700 Netflix Originals released in 2018
Now that is a lot of bingeing
Netflix has good news for all of you bingers out there, 2018 will see the release of 700 Netflix Original's. At the Morgan Stanley Technology, Media & Telecom Conference, CFO David Wells announced that the streaming service would spend around $8 billion on original content this year alone.
“Let’s continue to add content — it’s working, it’s driving growth,” Wells said, according to Mashable. The company's longtime business model has been supported by the idea that original content will spur steady growth.
"We used to think every incremental dollar was best spent on content," he said. "We think marketing is a multiplier on the content spend."
Critics wonder how the company will determine the quality of production at this high of a volume. The most recent season of South Park featured a spoof of Netflix representatives continually answering a ringing phone, saying, "Netflix, hello, you're greenlit. Who am I speaking with?"
Prepare for some wild nights you crazy streamers—2018 will have plenty to watch.
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