Netflix is expected to have spent $12 billion licensing and creating content last year, nearly twice as much as in 2016, according to industry analysts. "Netflix Raises Prices on All of Its Subscription Plans," on Jan. 15, incorrectly said the company was expected to spend $12 billion on content this year, more than double what it spent two years earlier, in the seventh paragraph. (March 27, 2019)

 

(END) Dow Jones Newswires

March 27, 2019 08:56 ET (12:56 GMT)

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