Netflix: The Monster That’s Eating Hollywood
The streaming-video service is hogging talent and pushing up prices, spurring pushback from rival TV producers who once saw it as a partner.
Hasnain says:
"Netflix’s spending on original and acquired programming this year is expected to be more than $6 billion, up from $5 billion last year, more than double what Time Warner Inc.’s HBO spends and five times as much as 21st Century Fox’s FX or CBS Corp.’s Showtime. It spent close to $10 million an episode on “The Crown,” a lavish period drama about a young Queen Elizabeth II."
Posted on 2017-03-25T21:21:04+0000