Netflix plans to fill half of its catalog with originals in the coming years
Wednesday, September 21, 2016 at 2:18AM
Nicole Batac in David Wells, Entertainment, Netflix, News, Video, video streaming, video streaming service

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In an effort to get more people to come and stay with its service, Netflix’s CFO David Wells talks about the streaming service’s plan to have at least half of its catalog be composed of its own original shows and movies in  the next few years. Netflix is supposedly “one-third to halfway” towards reaching that target. The service is steadily being known as home to a lot of acclaimed originals that are either made by Netflix themselves, co-produced with other studios, or acquired post-production. Wells says they’ll continue with this approach to reach that target. And if they’re able to get good content, this might help them keep subscribers on its service as other companies won’t have access to their exclusives.

Source: The Verge

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