Netflix, the largest video-on-demand streaming platform in the whole world, took at the end of 2020 a series of extremely important decisions that target all those who use its services now. More precisely, those from Netflix decided to invest over 20 billion dollars in new content in 2021 alone, and this in the conditions that the Coronavirus pandemic blocked filming in many areas of the globe in 2020, but things are change.
Netflix confirmed the fact that in Great Britain it will invest 1 billion euros to create new content during 2021, this decision also bringing an increase in the prices for the subscriptions that the platform has. The increase was modest for UK Netflix subscriptions, but the extra money will certainly help to fund the substantial increase in money invested in creating original content in 2021.
Netflix: Very IMPORTANT Decision with Impact for Subscribers
Netflix now also announces that it will invest 500 million euros to create content that will be available in South Korea for subscribers who already pay for content in this country. The idea of investing such a large amount in South Korea shows how important this country is to Netflix at the moment, but this should not be a surprise, because in Asia there are a lot of people who do video streaming.
Netflix the amounts allocated to produce new content in Europe will most likely increase, where he has not invested very much, although there are many people who follow his films, series, documentaries. Netflix wants to have as many new subscribers as possible every fiscal quarter, and its strategy of investing colossal amounts for new content is a very good way to ensure that it will achieve its goal.
Netflix she will definitely make announcements regarding her plans for 2021, but so far she has revealed that she is willing to spend heavily to achieve her important goals.
