Netflix will spend $17.3 billion on content in 2020, according to a new forecast by Dan Salmon, an analyst with BMO Capital Markets. The company spent a bit more than $15 billion in 2019. Salmon sees the tally rising past $26 billion by 2026.
On paper, it appears that each of the Big Four networks is on track to shoot about 40 to 50 pilots for the 2014-15 development cycle — numbers that are, of course preposterous.
