Netflix Plans To Expand On Its European Content

Wochit Business - Thursday, 19 April 2018

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 companyโ€™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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