Why Netflix just bid $300 million for a billboard company in LA

Over the past few years, Netflix has spent every spare dollar it has on developing original content. Hardly a surprise, Netflix is releasing new content at such a pace that it's literally impossible to keep up. As a quick and recent example, Netflix just last month released 54 original TV shows. Of course, developing original content and licensing existing comment is anything but cheap. In fact, by the time 2018 draws to a close, Netflix late last year indicated that it may spend as much as $8 b...