Guess How Much the Netflix Library Is Worth?
It's no secret that Netflix (NASDAQ: NFLX) is spending a boatload of cash on content, as the company stocks its library with award-worthy shows and builds out its international presence. The company expects to spend between $7 billion and $8 billion on programming in 2018.
That content library still has significant value for the streaming pioneer, even after each show's initial run, though until recently, it was difficult to know how much. Thankfully, Morgan Stanley analysts have done the math, and their numbers are surprising.
Analyst report forecasts additional growth for Netflix. Image source: Netflix.
Source: Fool.com
Netflix Inc. Stock
€595.50
-1.080%
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