Netflix Spends $2B Per Year On Content, Primarily On Licensing Movies And TV Shows

Following up on their strong quarterly report earlier this week, Netflix has just released a big ol' mission statement document to their investor relations site, and it's jam packed with all sorts of great lil' details. For example: you know how every Netflix customer's first complaint is that there's just not enough great streaming content? They know ? and they're spending $2B a year to fix it.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/wnKa6dKPSYk/

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