Netflix is the largest on-demand video streaming platform, we all know this, the American company having unexpectedly great success during the Coronavirus pandemic. The number of Netflix subscribers increased by over 10% during this period, and all because of the fact that many people were forced to stay at home due to travel restrictions imposed by various countries, but this also brought more money much to the company.
Netflix was preparing to start 2020 with the desire to invest 20 billion dollars in new content for its platform, whether it was films, series, original documentaries, whether it was licensing. The Coronavirus pandemic stopped its production and investments, but with the amounts that new subscribers will bring in every month, it is very possible that Netflix has not lost any of the money it had allocated to bring new content to its platform.
Netflix: The UNEXPECTED Good News for ALL Subscribers
Netflix it still has a very large reserve of money to invest in movies and series, and this is the best news for everyone, because we will most likely see a lot of new content. Netflix has restarted production for some films and series in certain areas of the globe, in a limited way of course, but with such a large reserve of money, it is easy to understand why there are very high chances that the investments in new content will be large in 2020.
Netflix will definitely try harder to offer customers all over the world as quickly as possible new content, and this is great news for us because we will have more to see on the platform. Of course, it will take some time for this to happen, but Netflix has the financial resources to bring to the platform everything its subscribers need in order not to go to other platforms, the competition being very high on the market.
Netflix continues to release new movies and series almost daily, and with the money he has ready, he will more than likely have money to make other major investments in the future.
