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Netflix to Double Spending on Original Content in Asia

By Wayne Ma
· · Source: Bloomberg

Netflix plans to double its spending on original content in Asia next year, Bloomberg reported, citing its vice president of content. Although the Netflix executive, Minyoung Kim, didn’t elaborate on the budget, Bloomberg said it would likely be at least $1 billion, citing research firm Media Partners Asia. Netflix is increasingly looking to Asia for its next 100 million users. However,...

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