Netflix Takes Aim at HBO with $5 Billion Spent on Content in 2016


By

on

in


Netflix FamilyNetflix is taking aim at HBO as they plan to spend $5 billion on new content in 2016. With this move, they will be making more original shows than FX and HBO.

netflix-original-programmingThe only company that will spend more is ESPN with the high cost of all their sports coverage.

Netflix has 33 announced original series planned for 2016 and several already announced for 2017 and 2018, including reboots like Fuller House (the continuation of Full House), Fargo season 2, and originals like their new movie War Machine.

Netflix even plans to double down with eight series in 2016 planned to be released in Ultra HD 4K.

There are also five announced series without release dates that could come out in 2016. (It is also not unusual for Netflix to announce a show and release it within a few weeks or months. This could significantly increase the number of original series in 2016.)

Netflix, Hulu, Amazon, and others are dumping billions of dollars into producing content that is only available online. Now if you want to see some of the most popular shows of 2015 you need a subscription service like Netflix or Amazon because cable does not have them.

Image Source: Vulture.com

Please follow us on Facebook and Twitter for more news, tips, and reviews.

Disclaimer: To address the growing use of ad blockers we now use affiliate links to sites like http://Amazon.com, streaming services, and others. Affiliate links help sites like Cord Cutters News, stay open. Affiliate links cost you nothing but help me support my family. We do not allow paid reviews on this site. As an Amazon Associate I earn from qualifying purchases.

Subscribe to Our Newsletter

* indicates required

Please select all the ways you would like to hear from :

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp’s privacy practices here.