Netflix Invests Nearly $2 Billion in European Productions, Promises More

Netflix CEO Reed Hastings said Wednesday that the company had invested more than $1.75 billion in European productions, including licensed programming, original content and co-productions, as the U.S.-based streaming giant increasingly turns to the international side of its business to drive growth.
Read more: http://variety.com/2017/biz/global/reed-hastings-netflix-berlin-100-million-subscribers-1201999745/?source=Snapzu