netflix-add-700-original-content-tv-film-streaming-1519833962
Getty Images

Netflix To Create 700 Original Shows And Movies By End Of 2018

You'll never need to the leave the house again. 

"Netflix and Chill" is about to get whole new meaning. The streaming service is reportedly gearing up to create 700 original TV shows and movies to its roster by the end of 2018, Variety reports. The company will reportedly spend a whopping $8 billion to bring those projects to the small screen (in addition to licensed content), Netflix CFO David Wells confirms.

Wells reportedly announced the news on Tuesday (Feb. 27) during the Morgan Stanley Technology, Media & Telecom Conference. In addition to shows and films, the initiative will also include 80 international productions. The boost of original content is reportedly part of a larger incentive to increase its viewer subscriptions.

At the end of 2017, Netflix reported a total of 117.6 million subscribers globally. "There’s more non-members than members of Netflix—that’s our opportunity," Wells explained. He also estimated 700 million broadband users worldwide, with the exception of China, which hasn't launched the streaming service yet.

Last month (Jan. 2018), the company exceeded its fourth quarter subscriber-growth goals. It reportedly recorded 8.3 million new, global customers. Even so, Netflix intends to increase its marketing budget by more than 50 percent in 2018. "We think marketing is a multiplier on the content spend," stated Wells.

Netflix has been showing early signs of a streaming takeover. The giant recently inked a multi-year production deal with powerhouse Shonda Rhimes in Aug. 2017. Tiffany Haddish is also set to release an original stand-up special with the service.

As of today, there are approximately more than 200 original shows and movies available on Netflix, including Marvel's Luke Cage, BrightStranger Things, Chewing Gum, Narcos, Orange is the New Black, and Beasts of No Nation.

From the Web

More on Vibe

Nuccio DiNuzzo

Jussie Smollett's Criminal Case To Be Unsealed By Chicago Judge

When Jussie Smollett's criminal case – in which he was accused of staging his own attack in Chicago – was dropped, a judge agreed to seal all documents pertaining to the court proceeding. Now, Cook County  Judge Steven Watkins has decided that the public has a right to see the documents regarding Smollet’s case, and has ordered for it to be unsealed, the Chicago Tribune reports.

The records were sealed in order to protect Smollett's privacy after the prosecution agreed to drop the case against him in Mar. 2019. The decision was based on an Illinois law that allows a defendant’s court file to be sealed if charges against them were dropped or they were acquitted. The decision to unseal the case would allow the public to see why the prosecutor's office decided to drop the case.

In explaining his ruling, Judge Steven G. Watkins of the Circuit Court of Cook County wrote that Smollett’s request for privacy was not a good enough reason to keep the records sealed, considering that Mr. Smollett willingly spoke about the situation in detail on national television and in other venues.

Judge Watkins determined that Smollett chose to bring publicity to his own case and so should not be allowed the privacy of a sealed case file. "After the March 26 dismissal, he voluntarily stood in front of cameras from numerous news organizations in the courthouse lobby and spoke about the case," Judge Watkins wrote. "These are not the actions of a person seeking to maintain his privacy or simply be let alone."

As previously reported, Smollett was accused of staging a racist and homophobic assault against himself at the top of 2019. Brian Watson, a lawyer for Smollett, argued that the media had plenty of access to his client's case and that unsealing it would violate Mr. Smollett’s rights.

Cathy McNeil Stein, the lawyer representing the state, said outside the courtroom on Thursday (May 23) that the state’s attorney’s office planned to review its files and turn over documents that were previously sealed. It was unclear how quickly that would happen.

Continue Reading
Getty Images

T.I. Compares Nipsey Hussle's Death To The Avengers Losing Iron Man

People are still trying to make sense of Nipsey Hussle's untimely death. T.I. recently attempted to put his death into perspective by comparing Nip's death to a loss within pop culture.

According to T.I., losing Nipsey was like losing Iron Man in the latest Avengers movie. The rapper was on Capitol Hill in Washington D.C. on May 22, when he made the revelation.

“Everybody knows that Nipsey was pretty much the founder of the idea to bring everyone together who, you know, may individually be able to do great things and make a significant impact on their own in their communities,” he said. “But for us to come together, we can impact so, so many more communities and spread our efforts so much wider.”

T.I. was reportedly on the Hill alongside Charlamagne Tha God and legislators to discuss a provision in the Tax Cuts and Jobs Act that provides incentives for new businesses in disadvantaged areas. He noted that Hussle was the one who told him about programs that "benefit and revitalize the underserved areas of society that we all come from."

"We’re like the ‘Avengers’ of investment," he added.

Continue Reading

In 'Queen Sugar' Season 4, Nova Bordelon Will Be The Center Of Controversy

Ava DuVernay is fully in her season. With her series retelling the tale of the Central Park Five, entitled When They See Us, currently tugging on heartstrings on Netflix, the director still has more heat in the canon. Enter the Oprah Winfrey Network star, Queen Sugar, which is preparing to enter its fourth season.

In the trailer for the show's anticipated summer return, we see that Nova Bordelon (Rutina Wesley), the headstrong journalist and community activist will stir up some raw emotions within her family when she releases an extremely transparent book. The memoir makes public a host of long-held family secrets about her parents, siblings Charley (Dawn-Lyen Gardner) and Ralph Angel (Kofi Siriboe), and their extensions that Nova feels—against their approval, of course—is essential for community healing.

 

View this post on Instagram

 

Go further into the world of #QUEENSUGAR & see what it took for the cast and crew to create this seasons artwork in this #BehindTheScenes video!

A post shared by Queen Sugar (@queensugarown) on May 22, 2019 at 3:03pm PDT

Season Four officially premieres on June 12 at 9 p.m. ET on OWN. Watch the full Queen Sugar trailer up top.

Continue Reading

Top Stories