Written by: Soumya Sekhar
According to Netflix content chief Ted Sarandos, it is an analog concept to believe that there are tons of original series across broadcast, pay-TV, and OTT platforms and not enough viewers for them.
Peak TV as a concept entered into the realm of TV in 2014.
Netflix is planning to spend $7 billion on content next year since the belief is that the SVOD service is venturing on a losing strategy to grow its global subscriber base.
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