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Why Netflix’s goal of 50% original content may be bad news for your binge watching

Binge-watching your favorite show might become a bit more difficult in the coming years, as Netflix Inc. moves toward its goal of creating half of the content the streaming service offers.

Netflix Chief Financial Officer David Wells announced the 50% goal Tuesday at Goldman Sachs’ Communacopia conference.

“We’ve been on a multiyear transition and evolution toward more of our own content,” Wells said, and “it will take us a couple more years” to reach that target. “We’re a third to halfway to where we want to be. … We’ve got a ways to go.”

This year, Netflix NFLX, -3.43% said it will produce 31 series, with 600 hours of original programming — up from 450 in 2015 — and it will spend about $6 billion on original content in 2017.

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