$NFLX Netflix needs to spend upwards of 20 billion a year in content to keep up with the other streaming services... and keep their customers happy.. that's not a sustainable business.. paying $300-500 million to produce for 3-5 movies that only give you 10-12hrs of content.. that's money not well spent.. the consumer has grown an appetite for new content and we want it now... that's why tiktok, youtube, instagram and others are doing well at keeping their users... google (youtube) pays zero dollars for content amazon (twitch) pays zero dollars for content tiktok pays zero dollars for content
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