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This question is about Netflix salaries.
How does Netflix pay for original series?
Netflix pays for original series by either purchasing rights or approving the development of shows. Netflix used to be the company that spent the most money on content yearly and is still in the top four. Without counting sports, it ranks second, so Netflix spends a lot on producing original content.
There are two kinds of original content Netflix produces. The first is TV shows and movies that it pays for and develops in-house, such as The Queen's Gambit or Stranger Things. The other option is for movies and TV shows that Netflix acquires the exclusive rights to broadcast, such as Dark or The Rain.
The company pays people, such as comedians or producers, to produce content specifically for the platform, where it is then streamed exclusively on Netflix. Netflix puts more money into producing new content than continuing existing shows, as new content typically brings in more new viewers and subscribers.
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