How has Netflix's budget changed over time?
An example of an AI chatbot conversation about Netflix's evolving budget for content.
Can you tell me how Netflix's budget for original content has changed over the years?
Sure! Netflix's budget for original content has significantly increased since it started producing its own shows in 2013.
What was their budget in the early years compared to now?
In 2013, Netflix's budget was around $100 million. By 2021, it had skyrocketed to over $17 billion!
What factors contributed to this increase in budget?
The increase is largely due to the growing competition in streaming, the demand for high-quality content, and Netflix's global expansion.
Are there any specific shows that had a major impact on their budget?
Yes, shows like 'Stranger Things' and 'The Crown' have been particularly expensive and have driven up production costs.
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