Netflix Plans To Expand On Its European Content
According to the Financial Times Netflix is doubling its budget for European content.
The streaming service plans to spend $1 billion on original and co-produced content.
Netflix recently announced it would launch 10 new European productions.
Those productions include seven shows, two documentaries and one movie.
The company’s expansion into more international markets has helped it gain more subscribers.
In Q1 Netflix set a new record for subscriber growth with 7.41 million new users..
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