Entertainment Companies Spend $121 Billion on Original Content in 2019 — Variety

U.S. media and entertainment companies spent over $120 billion on original content, including movies and TV shows, in 2019, per an analysis conducted by Variety Intelligence Platform. It’s a whopping sum fueled by the increasing investment of players including AT&T’s HBO, which expanded its production of original content by 50%, to 150 hours…

via Entertainment Companies Spend $121 Billion on Original Content in 2019 — Variety