Netflix Stock Predictions: Original Content Is Why Netflix Is Booming
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
NFLX Stock Predictions
Summary:- The judicious decision of Netflix to bet big on original content is paying off. Content is king when it comes to who will dominate paid streaming.
- Original programming is likely behind the fast growth in subscribers since 2013. Hit original content is partly why Netflix doubled its subscribers from 2013 to 2017.
- Netflix has set aside $6 billion for original content this year. Original, exclusive content is a great way to keep customers happy and loyal.
- Instead of spending too much money licensing other firms’ video/TV content, Netflix is better off creating its own library of exclusive content.