Cable / Telecom News

Netflix Canada boasts of “busy first year”

NETFLIX CANADA GAVE itself a hearty pat on the back Friday for what it described as “a busy first year” in its first permanent production presence outside of the United States.In a self-congratulatory blog post, director of public policy Corie Wright said that Netflix is poised to surpass its promise to the Feds to invest $500 million in original Canadian content over five years, a move that she credited to the abundance of Canadian talent.  (It’s worth noting, however, that $500M in spending over five years is just 6.25% of what Netflix says their total $8B content budget is just for...