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Netflix’s plan to spend $18 billion on content is ‘not anywhere near the ceiling’

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Summary
Nutrition label

70% Informative

CFO Spencer Neumann said Netflix plans to spend $18 billion on content this year .

“We are not anywhere near a ceiling,” he said during a Morgan Stanley conference.

Netflix ’s spending has increased from $16.2 billion last year .

Earlier this year , Netflix announced yet another price hike.

VR Score

63

Informative language

56

Neutral language

82

Article tone

formal

Language

English

Language complexity

43

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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