💡 How Much Money Do People Spend On Netflix? - Clever.net

How Much Money Do People Spend On Netflix?

Content spend of Netflix 2016-2021 Content spending of Netflix worldwide amounted to around 11.8 billion U.S. dollars in 2020. This marks a decline compared to the previous year, when the Subscription Video-on-Demand service spent nearly 14 billion U.S. dollars on its content.

How much does Netflix spend per movie?

Netflix doesn't publicly disclose its deals, but from what we managed to gather around the Internet, Netflix is currently paying between $100 and $250 million for blockbuster movies, while popular TV shows with multiple seasons have budgets that range from $300 to $500 million.

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How much does the average person spend on subscriptions?

The average consumer surveyed said they spend $273 per month on subscription services, up from $237 in 2018. This extra 15% equals an additional $430 spent each year.

Average consumer spending $273 per month on subscription services

How much money does the average American spend on Netflix per month?

Respondents said that they pay an average of $55 per month on streaming, up 17% since December, and a whopping 45% since last April. What accounts for that change in spending? One culprit is price increases. Netflix got the ball rolling in October 2020, increasing the price of its premium service.

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How much will Netflix spend in 2022?

The company said it expects to be cash-flow positive this year and beyond, which executives say proves its business model is solid. The streamer spent $17 billion on content last year and is expected to spend about $19 billion in 2022, Nathanson estimates. Still, competition is too high for Netflix to cut spending.

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