Netflix Set To Spend Almost $20 Billion On Original Content This Year

After spending years as arguably the world’s premiere platform, Netflix are starting to feel the pressure as the so-called ‘streaming wars’ really begin to heat up. Until recently, it was said to be a straight shootout between Netflix and Prime Video in the battle for subscribers, but 2020 massively increases the competition with several new pretenders to the throne already emerging.

Thanks to boasting a range of content that includes the vast majority of the Mouse House’s back catalogue along with the likes of Star Wars, Pixar, the Marvel Cinematic Universe and The Simpsons, Disney Plus is already the most-downloaded app in the United States despite only launching in November, and hasn’t even gone live globally yet while Hulu, which is majority-owned by The Walt Disney Company, recently passed 25 million subscribers.

Apple TV Plus has also gone live, Jeffrey Katzenberg’s Quibi arrives in April, HBO Max launches
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