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Netflix Has Secret Weapon in Hollywood’s Multibillion-Dollar Arms Race

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Photo via HolgersFotografie on Pixabay under the Creative Commons License

Variety reports: “Much has been made of Netflix’s massive and fast-growing content budget, which the company estimates will be $7 million for 2018. Financial analyst firm MoffettNathanson recently calculated Netflix is in fifth place in overall spending across film and TV — far behind traditional U.S. TV players NBCUniversal, Fox, Disney and Time Warner, but ahead of CBS, Amazon, Hulu, Facebook and Apple. When it comes to non-sports TV programming expense alone, however, Netflix is very much in the top tier, coming in second, behind only NBCU.”

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