It’s a glorious day for fans of streaming platforms: On Tuesday, Netflix's CFO David Wells announced that he hopes for Netflix to one day be 50 percent original content. That means the movies and TV shows that you love on the streaming service — shows like Stranger Things and Fuller House — won’t be going anywhere anytime soon, and there may even be many more on the horizon. I mean, considering the caliber of work the streaming platform has been producing lately, that’s nothing but good news — so, I gotta wonder, does that mean that more Netflix Originals are on their way? If the big wigs over at Netflix can make this dream a reality, it might mean that they are.
During the Goldman Sachs’ Communacopia conference on Tuesday, Wells, said that the transition would take place over multiple years, but also that Netflix is already steadily making their way toward that goal: In fact, according to Wells, the streaming service is “one-third to halfway” there. If I’m doing my math right, that means that viewers may be able to expect at least twice as much original content on Netflix in the coming years as there currently is.
That, my friends, is something to celebrate. Because that means that Netflix is likely going to be working even harder to bring viewers the shows and movies that have been such huge commercial hits. But how many more shows and movies can we expect?
In 2016 alone, Netflix is expected to premiere 600 hours of original programming, according to a January report from CEO Ted Sarandos. That’s up a ton of screen time from the 450 hours that launched in 2015. Considering the very first original content aired in 2012 — it was the stand-up act Bill Burr: You People Are All the Same — doubling the amount of original content that has been created since 2012 seems like a huge endeavor. But that also means that fans are likely going to see a huge boost in the number of shows and movies that are only available on Netflix.
Considering what an amazing track record the streaming service has so far, I’m going to go out on a limb and say this news is some very, very good news.
Image: Netflix (2)