Sky hopes that the success of Chernobyl can be repeatedSky is to double its investment in original programming to £1 billion a year as it steps up the battle with streaming giants Netflix and Amazon. The pay-TV broadcaster hopes to build on the success of Chernobyl — currently rated the greatest television programme of all time on IMDb — by pouring hundreds of millions of pounds into new dramas and comedies. At present Sky spends up to £500 million a year on original programming, excluding sports rights. It made 50 original series last year and five years from now is likely to be making about 100 a year. The increase in exclusive content will be driven by Sky Studios, a new Europe-wide development and production capability.

Source: The Times June 12, 2019 11:10 UTC