Netflix Projected to Spent Over $17 Billion on Content in 2020

Wall Street firm BMO Capital Markets has conducted a study and it appears as if they believe Netflix will spend $17.3 billion on their content in 2020.

If you’re curious, the 2019 estimate for how much they’d spend on original content that year was $15.3 billion, so this is an increase of $2 billion, Variety reports.

So far, Netflix has 29 original movies planned to debut in 2020 – be sure to see which films will be streaming in the next few months!

Meanwhile, some Netflix users are greatly disappointed with the streaming service after this announcement was made.