Netflix Inc (NASDAQ:NFLX), Amazon.com Inc. (NASDAQ:AMZN) News Analysis: Netflix, Amazon Off On A Spending Spree

RBC Capital Markets reported that the top three “Subscription Video on Demand” (SVOD) service providers – Netflix, Amazon.com, and Hulu – are going to invest a total of $6.8 billion on off-network series from the top entertainment studios in the country. […] According to RBC Capital, Netflix will spend the most ($3.3 billion) on content acquisition next year, followed by Amazon’s $1.7 billion, and Hulu’s $1.5 billion. Hulu’s spending will be almost double of what it spent on syndication this year. […] Part of the spending by the online streaming services is on seasons before they are even aired on TV. A notable example is the deal between Netflix and Warner Bros. Entertainment for the new series “Gotham,” which is set at $1.7 million per episode. – Bob Cramer,Bidness Etc
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