You may have read in our recent article that the content boss of Netflix, Ted Sarandos, told The Telegraph that Amazon’s new show The Grand Tour was costing them “about a quarter of a billion dollars.” Sarandos has also openly questioned whether or not the trio was worth the money that Amazon is spending on them.
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Jeremy Clarkson has come out in defense of his show, telling CNN that “Amazon spent far less than Netflix would have you believe,” Clarkson told CNN. “It’s nowhere near as expensive as people have been saying.”
Jeremy did not reveal how much the show did cost in the interview, he simply said it was nowhere close to the $250 million Sarandos claimed it to cost.
Some have questioned whether Sarandos and Netflix are simply bitter over the loss of the show. Assumptions like this may be partially due to The Telegraph’s interview with Sarandos, but it may also be due to Netflix itself mentioning in its most recent earnings report that The Grand Tour could quite possibly boost Amazon up to their level making them “as global as YouTube and Netflix.”
Amazon is definitely gunning to become a bigger player in the virtual streaming game. The second half of this year alone Amazon has doubled its spending on video content in comparison to the first half of the year.
In comparison to Amazon, Netflix is forecasted to spend approximately $6 billion on video content over 2017.
Source: Business Insider