Netflix Content Chief Says 85% of New Spending Is on Originals

About one-third of Netflix’s total viewing is movies, but the audience for licensed movies in the usual subscription-streaming window is not very “passionate,” according to Sarandos. For a big event movie, “10 months after a movie is in the theater – there’s a good chance you’ve already seen it,” he said. “We said, maybe we can put the billion dollars we’d put in an output deal into original films.” – Todd Spangler, Variety https://ift.tt/2rGSbnG