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A running joke throughout the latest season of South Park saw a Netflix representatives continually answering the phone to a call from a bunch of 4th graders with, "Netflix, hello, you're greenlit. Who am I speaking with?"
Well, it turns out the joke was more true to life than anyone could have ever imagined.
According to Variety, at the Morgan Stanley Technology, Media & Telecom Conference on Feb 27, CFO David Wells stated that the streaming mogul will spend around $8 billion on original content this year, which totals to about 700 original shows. Read more...
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