Netflix to double its original programming in 2016

Netflix is the new television.

On Monday, Netflix head of content Ted Sarandos announced that the company will double the number of original shows it produces in 2016. Next year, Netflix will deliver 31 original series compared to 16 in 2015. Additionally, the company reportedly plans to release 10 feature films, 12 documentaries, 10 stand-up specials and a whopping 30 children's programs to enhance its For Kids section. This marks a significant shift in Netflix's strategy and puts it on equal footing with traditional premium cable heavyweights like HBO and Showtime. Sarandos argues that since original programming grants Netflix full exclusivity and global rights forever, they're a better investment than haggling for outside content. Such a change in thinking could prove vital to the company's continued international expansion.

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