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Netflix close to acquiring first original series?

Written by Andre Yoskowitz (Google+) @ 17 Mar 2011 1:04 User comments (2)

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.

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2 user comments

117.3.2011 4:45

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.

217.3.2011 9:56

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

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