Netflix CFO On Determining Content Spend – “We’re a Learning Machine, We Look At It Every Quarter, Every Year”

Netflix CEO Spence Neumann described a top-down and bottom-up process for determining content spend, which is expected to come in at about $18 billion in 2025 and, he said, is “not anywhere near a ceiling.”

“It’s a little art in science,” he added during a Q&A at the Morgan…