Netflix close to acquiring first original series?

Netflix close to acquiring first original series?
Netflix is on the verge of acquiring its first original series, outbidding HBO and AMC for the drama "House of Cards," starring Kevin Spacey.

The show is directed by David Fincher, the man behind 'Fight Club' and 'The Social Network,' among other hits.

While the numbers are mostly speculation, Deadline says the deal may end up costing Netflix over $100 million for two seasons (26 episodes).

Netflix is the overwhelming streaming video market leader, but the company had shunned original programming until recently.

A two-season commitment is an absolute anomaly in this day and age, with most broadcasters, and even premium channels like HBO and Showtime piloting new shows, or signing on for short 6-13 episode seasons. With a two-season commitment, Netflix is betting largely that the show will be a massive hit, brining in millions of new subscribers.

Netflix has currently committed over $1.5 billion for deals with Paramount, CBS, Lionsgate, MGM, Relativity Media and Starz. A streaming-only plan from Netflix is $8 per month.

Written by: Andre Yoskowitz @ 17 Mar 2011 1:04
streaming Netflix House of Cards
Advertisement - News comments available below the ad
  • JayBino

    I think this is a good movement by Netflix because it gives us current subscribers more choices to choose from ..But I think Netflix should aquire more content such as newer movies that come out on DVD for instance instead of waiting for the movie come out have it on their service the day before the original release date..

    But Netflix is still a excellent service nonetheless
    and they have the best customer service revolving around the video market.

    17.3.2011 04:45 #1

  • htmanm

    Canadians can not watch netflix in the US. what's up with that.Our money's worth more.

    17.3.2011 09:56 #2

© 2024 AfterDawn Oy

Hosted by
Powered by UpCloud