moeny

Everybody, it seems, wants to be in the TV business.  OK, it’s really the video business, but it’s the same thing the TV networks have been doing for years:  producing original television content.

The WSJ reports that Facebook is looking to spend A BILLION DOLLARS on original video content for its Watch video platform.  Recently, Apple said they were going to spend A BILLION DOLLARS.

Untitled-2

If that sounds like a lot of money, it’s because it is.  But that pales in comparison to what the TV networks are spending every year and what Netflix and Amazon are spending.

ORIGINAL PROGRAMMING SPEND 2016-2017
From Various Sources

$6B        Netflix
$4.5B     Amazon
$4.3B     NBC
$4B        ABC
$2-$5B   YouTube (Various estimates)
$2B        Hulu
$2.5B     HBO

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s