Written by: Roshan Dwivedi
Despite talks about how quickly Netflix is burning through cash, the top ranked SVOD provider is seeing tremendous growth in the value of its content library.
As per Morgan Stanley estimates, Netflix’s program library was worth $12 billion at the end of Q1.
Original content has gone up in terms of asset valuation from 5% to 14% with Netflix original series being valued at $1.7 billion.
Netflix will spend $6 billion on creating and licensing content in 2017 as opposed to Amazon that will spend $4 billion and Hulu that will shell out $2.5 billion for the same.
Netflix’s cash flow in Q2 came out to be about $608 million, rising from $254 million during the same quarter last year. Free cash flow for the entire year is expected to be between $2 billion and $2.5 billion. Read More
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