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Netflixis estimate to expend between $ 12 - 13 billion in 2018 , spending more than any plastic film studio apartment this yr . The streaming giant has been curating new title every calendar month and hasbeen doubling down making their own subject . New films and returning show are either in production or come soon to the streaming service . With the late outlay estimate out , Netflix wo n’t be slowing down any time soon .
When Netflix was introduce in 1997 , the company ’s business model was base in videodisc sale and rentals via mail . Since then , Netflix has grow to become a juggernaut in the streaming service and film and television industries . Each month , the cyclosis Robert William Service roll out new title they are tote up to their list , while alsodeveloping project in firm . endorser have the opportunity to watch their favorite telly shows , or see the latest content the streaming service has to declare oneself of their original . Netflix has sustained itself for over 20 long time and they wo n’t be slowing down or rolling back on any new projects .
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According to a report fromThe Economist , Netflix will be spending a whopping $ 12 - 13 billion in 2018 , more than any flick studio apartment or television company . Current chief capacity police officer , Ted Sarandos , joined Netflix in 2000 when the company was just a DVD lease firm . In 2011 , Sarandos made the bluff move acquiringHouse of Cardsfor $ 100 million . Many thought the move profligate , demonstrate that Netflix was a source of money but didn’toffer serious contention to studiosand television company that had taken decades to ramp up .
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Source : The Economist
