Markets

85% of new Netlix spending going toward original programming

85% of new Netlix spending going toward original programming

That 1,000 number is obviously the highlight of the talk, but what's especially striking is that 470 of those originals will debut between now and the end of 2018.

Netflix' chief content officer Ted Sarandos has said that nearly 85 percent of Netflix's new spending is being used for original TV shows, movies, and other productions such as documentaries.

Having more of its own films is paying off, Netflix said. Aside from classics, Netflix has made bank by introducing their own original content. Programs such as Strangers Things, Bright, Orange is the New Black, Narcos, Master of None and more are all helmed by Netflix itself.

And with all the spending it's doing on original content, in particular, Netflix may soon get a chance to see how many subscribers stay on if it does raise those subscription prices again. The company told Reuters that the 33 Netflix films released so far this year have been watched more than 300 million times by more than 80 million account holders worldwide. They claim to be averaging 9 million viewers per film. Shrishti Behl has taken the post of director for Netflix originals in India, while former Fox executive Swati Mohan will be responsible for brand marketing in the country.

The Walt Disney Company will stop providing Netflix with films starting in 2019, serving as a catalyst for the company's increase in original content, Reuters reported.

Backstreet Boys' first new single in 5 years
See what I did there? Speaking of the new single, Kevin says: "The minute we heard this song we knew it was special ". It's like the '90s never ended with the latest music video from the eternal boy band Backstreet Boys .

Netflix plans on producing and purchasing movies from several genres, including teen dramas sci-fi adventure and horror.

Some of its films will continue to show in theaters around the world.

Netflix is easily one of the biggest streaming services on the planet right now.

Further, Netflix plans on releasing at least 17 Netflix films in languages other than English, which include French, Arabic, Japanese, Hungarian and Russian, such as R-rated French film, Young and lovely.


  • Hawaii volcano eruption blasts heavy blocks into the air

    Hawaii volcano eruption blasts heavy blocks into the air

    Another phone alert warned: "The wind may carry the ash plume north toward Kau, Volcano, Mt View, Kea'au and as far as Hilo". The Hawaii Police Department says cracks have formed on a highway near the entrance to Hawaii Volcanoes National Park.
    Batwoman And Gotham Are Coming To The Arrowverse!

    Batwoman And Gotham Are Coming To The Arrowverse!

    But Gotham City's existence was confirmed this season on Arrow when Oliver Queen made reference to the city, and to Bruce Wayne. Batwoman was first introduced into the pages of DC Comics back in 1956, before Kate Kane took on the mantle in 2006.
    Yeddyurappa sworn-in as Karnataka CM

    Yeddyurappa sworn-in as Karnataka CM

    Can a person who is there to save constitution, destroy it too? Gowda's son HD Kumaraswamy is its chief ministerial candidate. Congress has chose to approach the Supreme Court in case the Governor decides to invite the BJP to form government.
  • Judge invalidates state aid-in-dying law; appeal window is narrow

    Judge invalidates state aid-in-dying law; appeal window is narrow

    Xavier Becerra said: "We strongly disagree with this ruling and the state is seeking expedited review in the Court of Appeal". Five California physicians and the American Academy of Medical Ethics brought the legal challenge.
    Autograph Seeker Sues Cardi B and Offset Over Met Gala Beatdown

    Autograph Seeker Sues Cardi B and Offset Over Met Gala Beatdown

    According to The Wrap, Arnold claims in his suit that Cardi and Offset "ordered the beatdown after verbally threatening him". Migos rapper Offset was last night in Atlanta after getting into a pretty bad vehicle accident.
    US Sanctions Target 'Hezbollah' Chief, Deputy, Other Officials and Entities

    US Sanctions Target 'Hezbollah' Chief, Deputy, Other Officials and Entities

    It was the third round of sanctions announced by Washington since the United States pulled out of the Iran nuclear deal last week. TFTC member states introduced sanctions on the named individuals and companies, according to a U.S.
  • How To Play Super Smash Bros. Switch At E3 2018

    How To Play Super Smash Bros. Switch At E3 2018

    As always, people can keep an eye on https://e3.nintendo.com for all of Nintendo's latest updates from E3 2018 . For more details, be sure to read the FAQ below and check back as additional details will be added.
    Indore India's cleanest city, Mumbai best among state capitals

    Indore India's cleanest city, Mumbai best among state capitals

    We'll continue efforts to maintain it: "#MP CM on Indore & Bhopal being ranked 1st & 2nd in Swachh Survekshan '18", Chouhan. Mangaluru is among the 23 cities selected in the country for the national-level award under different categories.
    Inmates revolt at Venezuela detention center, Utah man pleads for help

    Inmates revolt at Venezuela detention center, Utah man pleads for help

    Venezuelan authorities have claimed Holt was keeping guns in the home of the woman he went to the country to marry in 2016. The Trump administration has suggested there are political motives for Mr Holt's continued detention.
  • Virginia could turn into new tech hub as Amazon, Apple consider campuses

    Virginia could turn into new tech hub as Amazon, Apple consider campuses

    Amazon's own development plans have been known for a little while longer, though they hasn't been quite as specific. Apple is the latest tech giant to eye Northern Virginia for a large campus bringing tens of thousands of jobs.
    Nick Cave And Warren Ellis Scoring HBO's The Case Against Adnan Syed

    Nick Cave And Warren Ellis Scoring HBO's The Case Against Adnan Syed

    Amy Berg, whose documentary Deliver Us From Evil , in 2006, investigated sexual abuse in the Catholic Church, will direct. The Court of Special Appeals also ruled to vacate Syed's conviction and granted a retrial on March 29, 2018.
    IEA trims demand outlook for oil amid rising prices

    IEA trims demand outlook for oil amid rising prices

    OPEC's latest monthly report says that 90 percent of supply growth outside the cartel this year will occur in the United States . The news that Total is planning to withdraw from its large Iran gas field deal has pushed prices steadily higher on Thursday.