Netflix, Amazon Outspend Major Players in TV, Report Says

Multichannel News: Through a mix of originals and content licensing, Netflix and Amazon upped their investment in programming last year to $7.5 billion, eclipsing CBS, HBO and Turner, as well as several countries, including South Korea and Australia, per a new study from IHS Markit. “The levels of investment we are seeing from Netflix and Amazon are only topped by Disney and NBC.”