In a wide-ranging interview at a downtown Manhattan hotel, Sarandos, 53, who is Variety’s 2017 Showman of the Year, revealed that he anticipates spending a whopping $7 billion on content next year — up from more than $6 billion over the past year and $5 billion in 2016. “The vast majority is still licensed content,” he says. “We’re still a couple years from seeing it go 50-50.”
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