This past week it was reported that they'll spend upwards of 450M$ to secure the rights to two sequels for "Knives Out", one of the film industry's biggest wins in 2019. Both the writer/dicrector/producer Rian Johnson and star Daniel Craig are signed on to those two installments.
Netflix outbid both Apple and Amazon for the rights to the "Knives Out" sequels.
.......
At the moment, Netflix is the company to beat with over 203 million global subscribers, and expectations are for it to be cash flow positive as early as this year.
"At the end of the day, Netflix is still a very popular poster child for streaming series," Santosh Rao, head of research at Manhattan Venture Partners said, adding that competitor Disney+, although forging ahead with a projection to hit 260 million subscribers by 2024, "does not have a good library yet."
"[Disney is] building, but their content is more tailored to younger audiences. Overall, Netflix appeals to a broad demographic — something for adults, young kids, international and localized content — they are much more aggressive and well-positioned at this point compared to others," the analyst added.