Netflix Planning To Spend $6 Billion On Doubling Original Content In 2017

The streaming giant is focusing on unscripted shows next year.

Stranger Things season 2 will bring back its young stars
Stranger Things Netflix has even bigger plans for 2017 Image Picture Netflix

Netflix is preparing to spend a whopping $6 billion on original content in 2017, after announcing plans to double their output.

The streaming giant enjoyed huge success in the form of Stranger Things this year, and now the company is planning to bring us 1,000 new hours of new original content in 2017.

According to chief content officer Ted Sarandos, Netflix will introduce 20 unscripted shows next year, and take the overall spend on content production up to $6 billion [via Variety].

The Sylvester Stallone-produced Ultimate Beastmaster is amongst the new new unscripted shows set to arrive on the platform next year.

Speaking about the format, Sarandos said: “Unscripted television is a very interesting business…[it’s] more likely to travel internationally.”

Netflix offline streaming is coming
Netflix Image Pascal Le Segretain/Getty Images

There are big plans for scripted series too. 30 shows are currently in development, including Lemony Snicket’s A Series Of Unfortunate Events and Marvel series Iron Fist and The Defenders.

Netflix previously announced that were looking to have original series make up 50% of overall content, and the new pledge will go some way to achieving that.

Netflix also recently changed the way viewers can access content by introducing a new offline mode, which lets users download shows and watch at their convenience.

It sounds like there are exciting times ahead for fans of all things video streaming.

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