Netflix is pouring money into some of TV’s most expensive shows

Netflix Inc. is pumping a lot of money into its shows and producing some of the most expensive TV series ever made.

The streaming giant’s next original program “The Crown”—produced by Sony Pictures’ UK-based production company, Left Bank Pictures—is set to debut Nov. 4 and racked up a reported $130 million in production costs.

Netflix NFLX, +0.42% did not respond to requests for comment.

“The Crown” is a 10-episode series about the British royal family and its parliament in the second half of the 20th century. At $13 million per episode, on average, “The Crown” is right up there with the most expensive TV show ever, which, according to Statista data, was “ER,” which also cost $13 million an episode.

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