Business

Netflix to invest 8 billion dollars 2018

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As Netflix grabs more subscribers even stunning themselves, they are investing 8 billion dollars during 2018 to even grab higher market share with only licensed Netflix content for even more subscribers. Netflix announced in the third quarter earnings stating it added 4.45 million subscribers overseas and 850,000 in the United States during 3 months that finished September 30, for total of 109.3 million customers around the globe. It also shows Netflix aggressive business venture for next year as it tries to put all Netflix original content on their website to keep users watching all original Netflix productions and growing their evaluation to even higher price as their copyright original content value keeps going up.



Most companies need to keep a closer eye on Netflix as it becomes one of the power horses of the entertainment industry.

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