New covid variant: A new coronavirus subvariant, XBB.

Here’s who should get the second covid booster and when. The latest on coronavirus boosters: The FDA cleared the way for people who are at least 65 or immune-compromised to receive a second updated booster shot for the coronavirus. Where do things stand? Covid-19 remains one of the leading causes of death in the United States, tied to about 250 deaths daily, on average, mostly among the old and immunocompromised. Keep spending on big draws like that, and all of a sudden, you don’t have enough money to also produce a bunch of television shows, and make passion projects like “The Irishman” and “Mank” that are intended to contend for Oscars. “Toy Story 4” cost somewhere between $190 million and $200 million - again, advertising costs not included. “The Lion King,” the next movie on that list, is reported to have cost at least $200 million just to produce. “Avengers: Endgame,” the biggest movie of 2019, cost $511 million to make and market.

But if you start thinking about it a little more carefully, that money doesn’t actually go as far as it might seem.

That sounds like an enormous amount of money, though Netflix pulls in a lot of revenue: $6.43 billion for July, August and September. At the beginning of this year, Netflix, the giant in the space, planned to spend an astonishing $17 billion on the content it produced in 2020, a figure that was expected to rise to $26 billion by 2028. Even before the coronavirus pandemic, it wasn’t entirely clear what equilibrium for a streaming company looks like.

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