KEY POINTS
  • Netflix has spent big in recent years on flashy, blockbuster-style action movies like "The Gray Man" and "Red Notice," which ran the company $200 million each.
  • Meanwhile it's found success in the horror genre, which traditionally comes with much lower budgets.
  • Part of the scrutiny on Netflix's content spend stems from the lack of clear metrics around the financial performance of streaming-first shows and movies.

In this article

A button for launching the Netflix application is seen on a remote control in this photo illustration in Warsaw, Poland on April 25, 2019.

There's a big money question haunting Netflix.

In recent years, the streamer has spent big on flashy, blockbuster-style action movies like "The Gray Man" and "Red Notice," which ran the company $200 million each. The films are the first steps in bids to spark event-level franchises. But they're costly, and it's unclear how impactful they have been for Netflix's bottom line.

In this article