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Netflix Is Ready To Greenlight 700 Original Shows

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Netflix, set to spend upwards of $8 billion on content in 2018, will have in the neighborhood of 700 original TV shows and movies on the service this year, according to CFO David Wells.

The huge bucket of content is driving up Netflix’s subscriber base, said Wells, speaking Tuesday at the Morgan Stanley Technology, Media & Telecom Conference. The “700-range” figure he cited includes 80 original productions from outside the U.S., such as psychological thriller “Dark” from Germany.

The company’s strategy continues to be, “Let’s continue to add content — it’s working, it’s driving growth,” Wells said.

Asked how much content spending is enough for Netflix, Wells replied that “there’s no magic line where you know exactly where you are” in terms of efficiency.

He also said there’s “no religion” at Netflix about the source of programming, although the company increasingly intends to produce its own content. “People don’t care where the stories come from,” he said. “We’re about having the best content. We don’t necessarily have to do it ourselves.”

Netflix ended 2017 with 117.6 million streaming members worldwide. “There’s more non-members than members of Netflix – that’s our opportunity,” Wells said, citing an estimated 700 million broadband users globally (excluding China).

Wells also discussed Netflix’s boosting its marketing budget. The company told investors last month that it plans to increase marketing spending more than 50% in 2018, from $1.3 billion last year to $2 billion this year.

“We used to think every incremental dollar was best spent on content,” but it’s increasing spending on marketing because “we think marketing is a multiplier on the content spend,” Wells said.

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‘Avengers: Infinity War’ Is The Worst Movie Of 2018 According To Variety

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Avengers: Infinity War was one of the biggest movies of 2018. The movie tracked positively with most critics and landing an 84% on Rotten Tomatoes.

Not everyone one was a fan clearly. Variety critic Peter Debruge is on the list of people not that didn’t enjoy the film. He listed the number one on his Top Five list for Worst Movies. Yes, that means it ranked ahead of Gotti, Death Wish, Rampage and Skyscraper.

“Spoiler alert: The power-mad crazeballs behind the Marvel Cinematic Universe are out of control. First they blew up an entire planet (at the end of “Thor: Ragnarok”) and laughed if off, and then came Thanos’ snap, which (I said “spoiler alert” already — get off my case!) killed off half of all life in the galaxy. When that happened, I wanted to scream, “You can’t do that!” and not because I care about these characters (most of whom are quasi-invincible imbeciles anyway — although I was just starting to like Black Panther when he bit it), but because now we have to wait a year to find out whatever cheap device they use to undo the Decimation. In the 1978 movie, Superman flew around the earth so fast that he reversed time and revived Lois Lane. Then in “Justice League,” the Man of Steel himself, impaled by Doomsday, turned out only to be “mostly dead.” I know that those are DC characters, but hear this Marvel: Twenty films over 10 years is too many. You can scrub ’em all, as far as this fed-up critic is concerned.”

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‘Spider-Man: Into The Spiderverse’ Heading To $45 Million Debut

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Spider-Man: Into The Spiderverse is projected to be number 1 at the boxoffice.

The animated Spider-Man film is heading towards a $42 million debut from 3,813 North American locations in its debut, though other more conservative estimates place that number at $35.5 million. The animated superhero story picked up $12.6 million on Friday.

Says social media monitor RelishMix about the pic’s fantastic word of mouth, “fans are excited for this unique look on the comic book creation with its multiple universe storyline.

Shameik Moore stars as Miles Morales, the Brooklyn teen who’s the new Spider-Man, currently being trained by the old Spider-Man Peter Parker (Jake Johnson). Henry plays Morales’s dad, a sweetly embarrassing cop; Steinfeld is Gwen Stacy, who’s got a spidey sense of her own. Two key characters go largely unseen in this trailer: Schrieber’s villain Kingpin, and Ali as Morales’s uncle Aaron Davis (who was played by Donald Glover in the Spider-Man: Homecoming).

Miles Morales is another popular version of the character, first introduced in August 2011 in Ultimate Fallout #4. Like Peter Parker, he was bitten by a radioactive spider and developed superpowers, and became Spiderman after the Green Goblin killed Peter.

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Aquaman Director Wanted To Reboot Blade

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James Wan is tasked out with saving DCs cinematic universe Aquaman.

Wan admitted that Aquaman was not his first choice for a comic movie. The action director wanted to reboot the Marvel classic Blade.

“Years back, a couple of years back, I think it was right after Conjuring 1 that I went into a particular studio and told them ‘Hey, I’m a big fan of Blade. Would you guys be interested in rebooting Blade?’ So that was one. Obviously, nothing came out of that! But that was my first intro into looking at potential comic book properties.”

Marvel has been rumored to be working on two Blade projects with original star Wesley Snipes in mind to return to the title role.

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