Friday, November 24, 2017

Apple Could Spend $4.2 Billion On Original Streaming Content By 2022

"Apple won’t catch up to either by 2022 in terms of spend, projecting that Amazon will eclipse Netflix, $8.3 billion to $6.8 billion. Earlier this year, Apple signaled its intent to invest as much as $1 billion into original programming. That’s still well short of Netflix, which announced previously an $8 billion budget toward original and licensed content in 2018, and Amazon, which is expected to spend more than the $4.5 billion that went into premium video entertainment this year."



Article source here:Arts Journal

No comments:

Post a Comment

Academy Decides Not To Bar Streaming Movies From Oscars

The board of governors of the Academy of Motion Picture Arts and Sciences “left intact Rule Two, the one that established that a film” — in...