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Netflix plans to spend more than $ 17 billion to produce exclusive content in 2020

2019 saw the rise of many new streaming movie empires like Disney TV +, Apple TV + or HBO Max and the game is getting hotter than ever. In this situation, people have raised the question of whether the throne will continue to carry the name of Netflix or not? However, according to a recent announcement by BMO Capital Markets from Walls, this is probably a long way off when the estimated investment cost for Netflix’s Original movie this year may be up to 17.3 billion. $.

Netflix’s new projects in 2020 may include an animated series produced alongside the Nickelodeon series, a long-running show starring David Benioff and Dan Weiss (producer of Game of Thrones) and A new content featuring Korean producers. The presence of an Asian show could be a strong step for Netflix to enter one of the world’s most fertile online movie markets.

Compared with the investment budget for the original movie of Netflix 2020, the competitors are being quite far behind by the big man. According to Variety‚Äôs Notes, Disney plans to spend $ 1 billion on content on DisneyTV +, another 1 billion will be spent on promoting and expanding the business. AT&T and NBCUniversal also spent $ 2 billion on domestic chickens, HBO Max and Peacock. All in all, it’s only about a quarter of the budget from Netflix.

2020 will see the entry of more online movie streaming studios. However, when you outrun rivals to more than $ 10 billion budget, Netflix’s Iron Throne will be much stronger than Daenerys.

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