10 Incredible Facts You Didn't Know About Netflix
1. They Spend Billions Every Year
Netflix will spend between $7 billion and $8 billion on content in 2018
In addition to this spending on actual content, they will spend an utterly staggering $2 BILLION on marketing, which is incredible since there’s probably not many people don’t know what Netflix is already.
Two billion on marketing? How much advertising does Netflix need? Are people going to forget it's not there? Are customers not signing up in enormous enough droves? If you dont see an ad for Netflix tomorrow are you going to think that the company has gone under?
Those figures are nothing short of astronomical. Given the infrastructure already set up and established in the organisation, this kind of aggressive spending demonstrates not only how truly massive the company is, but also just how determined they are to avoid the fate of the very organisations they ruthlessly crushed, such as Blockbuster.
So as a customer, hopefully that means a whole lot of exciting new developments in the coming years. And hopefully a whole lot more Daredevil episodes to boot.