Netflix has big plans to produce more original series

“(L)ast year our original content overall was some of our most efficient content,” the company wrote. “(O)ur originals cost us less money, relative to our viewing metrics, than most of our licensed content, much of which is well known and created by the top studios.”

And its original content can’t be cheap. Last fall, for example, Netflix inked a deal for Adam Sandler to develop and star in four feature films that will only be available on its streaming service. Sarandos said viewer metrics show the Netflix audience likes Sandler.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

CNN Money