Netflix recently announced that it will spend more than $8 billion .on around 700 original TV shows and movies this year.
The company’s CFO David Wells said that the “700-range” figure cited would include 80 original movies or shows from outside the US, including German psychological thriller Dark.
He added that the company’s strategy was to “continue to add content” because “it’s working, it’s driving growth”.
He further stated that despite plans to make more original content, “people don’t care where the stories come from. We’re about having the best content. We don’t necessarily have to do it ourselves.”
He also discussed the company’s five-year exclusive deal with Ryan Murphy who is the creator of hit shows such as Glee, American Horror Story, American Crime Story and Feud.
