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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Andreessen Horowitz Looks to Launch Opinion Publication as Its Media Ambition Grows
Silicon Valley investment firm Andreessen Horowitz, which once courted attention from the news media, is ramping up its own media efforts. The firm plans to expand its publication of content related to technology and business on its website through an opinion section that publishes articles from outside contributors, according to people briefed on the discussions. The firm currently has two...
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