Netflix Is Increasing Its Spending on Original Content. How Will Competitors Like HBO Respond?

Streaming juggernaut ups its $6 billion this year to $8 billion in 2018

From House of Cards, to The Crown, Marvel’s Daredevil and Orange Is the New Black, Netflix is home to some of the most acclaimed original scripted series on streaming, cable or broadcast TV. The service won 20 Emmy awards in 2017, second only to HBO’s 29.