Netflix Unfazed by Hollywood Strikes, Plans $17B Content Spend in 2024

New seasons of 'Bridgerton,' 'Cobra Kai,' and 'Emily in Paris' set to launch, with a focus on local-language unscripted programming and feature animation.

• Netflix co-CEO Ted Sarandos says the company didn't see significant interruption in its ability to launch original series and films due to the Hollywood strikes.
• Netflix is planning to spend around $17 billion on programming content in 2024, aligning with the company's growth.
• Netflix is set to launch new seasons of 'Bridgerton,' 'Cobra Kai,' and 'Emily in Paris' in 2024.
• Netflix is also focusing on local-language unscripted programming and feature animation, with eight of the top 10 most-watched movies on the platform being animated.
• Netflix is looking to increase average revenue per subscriber through initiatives like paid sharing, growing its ad-supported plans, and adjusting the mix of pricing and plans.

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