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Netflix is creating a 'competitive advantage' by adding 700 new and original shows this year (NFLX)

Netflix's original content spend is doing the stock wonders this year.

  • Netflix will have roughly 700 new and original TV shows in 2018,
  • the company's chief financial officer announced at a conference.
  • It is expected to spend some $8 billion this year, mainly on original content.
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Netflix is set to add roughly 700 new original television shows in 2018, Variety's Todd Spangler reports, citing an announcement by CFO David Wells at the

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