Netflix now plans to spend $8 billion to keep you glued on your couch

Netflix just keeps raising the ceiling on its content aspirations. 
The company officially announced that it could spend up to $8 billion on original video in 2018—a cool billion dollars more than it had previously planned. 
Ted Sarandos, head of content at Netflix, recently said publicly that the company could hit the $8 billion mark, but Monday's quarterly earnings report made it official.
"With $17 billion in content commitments over the next several years and a growing librar