Mounting evidence shows Netflix is pivoting its content spend to cut costs in some very Zaslav-esque ways
But now, signs are starting to pile up that indicate the streamer is taking new measures to rein in its content costs — some of which seem to be taken from, or at least inspired by, theNetflix executives have stated that its spending on content will remain steady over the next few years, in the “ZIP code” of $17 billion, as
Nor is WBD the only company quietly erasing original content from its streaming platform: Netflix recently announced that one of its earliest original series,Unlike many of the streamer’s more recent originals, Netflix did not own “Hemlock Grove” outright; the series was licensed from Gaumont International Television, which owns the rights.
Many of Netflix’s early original series, including hits like “House of Cards” and “Orange is the New Black,” were licensed from other distributors with fixed terms. This doesn’t mean that such hits will start dropping off Netflix left and right when their licensing deals expire; it would behoove both parties to keep many of these shows in place, at least for now.
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