According to a new report from Business Insider, Netflix will have released 1,000 original programs by the end of 2018, which includes a mix of TV shows and movies.
In a statement, Netflix’s chief content officer Ted Sarandos said that the streaming provider is spending about 85% of its $8 billion in development money on original programming. The company has a total of 470 programs that are scheduled to be released between now and the end of the year.
Netflix’s statistics are very hard to keep track of as they don’t actually release viewership numbers with the public. In the past, Sarandos has said that 90 percent of subscribers watch original programs.
Earlier today, Netflix made some interesting announcements, including a new horror anthology developed by Guillermo del Toro and a second season of Lost in Space. In a statement, Sarandos said:
“The creators we’re talking to, they watch Netflix and they want to be on our network. The way we can secure those shows is having a great reputation with talent, having a brand people want to be associated with, and a good track record of delivering. They’re incredibly prolific and they make a lot of great television and the things they make are incredibly popular.”
Is Netflix releasing content too quickly? Are you having trouble keeping up? Let us know in the comments below!