Netflix, the biggest name in streaming entertainment and a major driver of real estate demand in Hollywood, may increase its spending on both if it can generate more revenue as it rolls out its lower-priced subscription tier with advertising, company executives said Tuesday on a third-quarter earnings call.
Netflix May Boost Real Estate Spending, Hiring as Ad Dollars Stream In
Subscription Growth Could Lead to Production, Property Investments
CoStar News
October 19, 2022 | 12:30 AM
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Companies
- Netflix
Information