The word “disruptive” is overused and has met its limits, but nothing better describes the likes of Uber and Amazon, that class of company that can justify millions of dollars spent in the name of growth. Netflix is certainly one of them. Earlier this month the company went truly global, becoming available in more than 130 countries with the notable exception of China. A few weeks later, its chief content officer Ted Sarandos confirmed that the company plans to put aside $6 billion for new content in 2016. By comparison, HBO spent $2 billion on content last year. The figure was just as in-your-face as was Sarandos’ quote: “…if there is too much TV, someone else is going to have to slow down, because we have big plans for 2016 and beyond.”

from Forbes – Tech http://ift.tt/1ZNf4gs
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