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Netflix spending less on new content infographic
Graphic charts original content spending by Netflix.
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ENTERTAINMENT

Netflix cuts production in quality not quantity drive

By Ninian Carter

January 12, 2024 - Streaming giant Netflix is cutting back on production of original content in a money-saving exercise focused on creating fewer but higher quality shows.

Netflix released around 130 fewer original programmes in 2023 than the year before.

Hollywood strikes by writers and actors may have played a part in the decline, but Netflix says this did not impact its slate very much.

Rather, the streaming giant which is now the leading TV network in the world, plans to make fewer shows going forward with the focus being on quality, not quantity.

Sources
PUBLISHED: 12/01/2024; STORY: Graphic News
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