How Increasing Original Content Will Benefit Netflix In The Long Run

At a UBS conference on December 7th, Netflix announced that it plans to have a total of 31 scripted shows by the end of 2016, which is double the 16 original shows the streaming service aired in 2015. In addition, the company is also working on 30 kids' shows, 10 new feature films, 12 documentaries, and 10 stand-up specials. The market reaction to this announcement was not positive and Netflix's stock price fell by nearly 5% on December 7th. Although creation of original content leads to higher...