StoriesMEDIA Netflix Is Spending $17 Billion On New Content April 21, 2021 That’s a notable uptick from the streamer’s 2020 spend of $11.8 billion, as the pandemic prompted production delays across the industry, and a 2019 content spend of $13.9 billion. – Variety RELATED ARTICLESMORE FROM AUTHOR Birmingham, England: The Next Hollywood? Why US Companies Actually Might Want TikTok Netflix Is Betting Heavily On Its New Reality TV Slate