Netflix to launch 470 new originals by end of year
Netflix will air almost 500 new original projects before 2018 is out.
On Monday (May 14), chief content officer Ted Sarandos revealed the streaming service will have around 1,000 Netflix originals in total before the end of 2018 – meaning 470 of them will have to premiere over the next seven-and-a-half months.
Speaking at the MoffettNathanson Media & Communications Summit 2018 in New York, Sarandos also stated that 90% of Netflix customers regularly watch its original programming and that the bulk of content spending for 2018 – speculated to be $8 billion – is being spent on originals (via Variety).
Yep. That's a lot of watching.
The news comes in the same week that Netflix announced a second season for Lost in Space, while also giving Oscar-winning director Guillermo del Toro his own horror anthology series.
It also comes after Sarandos previously confessed to not having watched all of Netflix's original programming on the account of it being "humanely impossible" because of its volume.
With 1,000 Netflix original projects to debut in 2018 alone , that totally makes sense now.
[Ted Sarandos]
Given that Disney is to release its own streaming service next year, pinching back Disney-backed projects from Netflix (but NOT the Marvel TV shows), it's easy to see why Netflix is rushing to expand its original content library.
Nevertheless, with dud original films (such as Bright and Mute) failing to hit the mark, Sarandos may want to make some more time to quality check all the original content Netflix is imminently launching.
Just not all 470 of them.
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