Dateline City:
London
TV programme producers adapt to the era of internet TV
LONDON (17 October 2016) – Online platforms Netflix and Amazon have ramped up their investment in programming, spending $7.5 billion last year—more than CBS, HBO, Turner and most countries, including South Korea and Australia.
Between 2013 and 2015, Netflix and Amazon more than doubled their annual expenditure on programming. In 2013, Amazon spent $1.22 billion; that jumped to $2.67 billion in 2015. In the same timeframe, Netflix spending rose from $2.38 billion to $4.91 billion.
Language:
English
