As major streaming services are looking to cut their annual content budgets, Netflix is looking to grow theirs. In a recent Morgan Stanley-hosted investor conference, Netflix's Chief Financial Officer Spencer Neumann revealed the streaming giant will be spending $18 billion on content in 2025,

Netflix expects to spend in the neighborhood of $18 billion in cash on content in 2025 — and it sees plenty of runway to expand in the years ahead, according to Netflix CFO Spencer Neumann. “We’re not anywhere near a ceiling” with respect to content spending,

Netflix plans to spend around $18 billion on content this year – and chief financial officer Spencer Neumann thinks that number could increase down the line. “We are not anywhere near a ceiling,” Neumann said during the Morgan Stanley Tech,

Netflix's CFO told investors the company will spend $18 billion on content in 2025. An analysis of recent viewership says new shows and other company's old shows are hot.

Netflix won't be slowing down on producing new TV shows or movies any time soon. According to current projections, the company believes it'll spend somewhere in the region of $18 billion on its various endeavors in 2025 alone.