
Netflix lowers content budget amidst dominant streaming competition
Netflix had a great year in 2018, producing blockbuster TV programmes and movies. Variety claims that the streaming juggernaut spent a small fortune. Less than 4.9% of the company’s spending, or $17.70 billion. Despite expenditure declining in 2022, Netflix had a great year in 2018, producing blockbuster TV programmes and movies. Variety claims that the streaming juggernaut spent a small







