TV streaming site Netflix has hit a $ 100bn market cap as it continues to attract huge numbers of subscribers , over eight million in total , according to official figures . Netflix enjoyed success in 2017 with shows such as Stranger Things 2 and The Crown , and estimates it will spend between $ 7.5bn and $ 10 on content during 2018 . And that aggressive spend only seems to get more aggressive every time we hear from the company. The company revealed a $ 39 m non - cash charge in Q4 for abandoned projects , and also unveiled former Canal+ CEO Rodolphe Belmer as the latest addition to its board .
TV streaming site Netflix has hit a $ 100bn market cap as it continues to attract huge numbers of subscribers , over eight million in total , according to official figures . Netflix enjoyed success in 2017 with shows such as Stranger Things 2 and The Crown , and estimates it will spend between $ 7.5bn and $ 10 on content during 2018 . The company revealed a $ 39 m non - cash charge in Q4 for abandoned projects , and also unveiled former Canal+ CEO Rodolphe Belmer as the latest addition to its board .