Netflix says it will spend nearly $5 billion on content in 2016, including original movies like the ones it's rolling out later this year. It just launched a redesigned website, and has a new look for TV apps on the way, but according to the letter, it's also increasing its focus on mobile optimization. During the earnings call CEO Reed Hasting reiterated his support for the Charger-TWC merger, and also said not to expect any Showtime-like bundles for Netflix -- if it's offered through a carrier, there will be a separate bill and the same price as standalone service.

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