Categories
The Business of Production

Two companies: $8 billion of production

Two companies are spending big on production.

It’s hard to imaging but between them Amazon and Netflix plan on spending $8 billion on original content in 2016.

Amazon is expected to spend $2 billion, subsidized by Prime subscribers

Netflix’s subscribers will finance $6 billion in original programming.

Combined that would be 60 movies with a $100 million budget each. (Typically 400-500 movies are released by studios every year.)

Or 3000 ‘hour’ television episodes assuming a $2 million an episode budget. (Some would be higher, some lower). At 23 episodes a season, that’s one season for 130 different shows.