Netflix Chief Content Officer Ted Sarandos Photo: Miguel A. Lopex/European Pressphoto Agency

Streaming giant to focus large chunk of $5 billion content budget on children and families

Netflix will spend a big chunk of its $5 billion 2016 programming budget on content aimed at children and families, Chief Content Officer Ted Sarandos said.

“We are doubling down on kids and families,” Mr. Sarandos said… [Read more on Wall Street Journal]