Print 16 comment(s) - last by Kiffberet.. on Mar 21 at 9:14 AM

Netflix may be purchasing its first original program, "House of Cards," which is a drama series that is executive produced and directed by David Fincher, and also executive produced by and starring Kevin Spacey

Several recent reports have glorified Netflix as a new power player in the film industry, and now, the video streaming giant may be living up to that name more than ever with its new possible venture into original programming. 

survey recently released by The NPD Group found that Netflix's total share of both downloaded and streamed digital movie units is 61 percent, while competitors like Comcast sit at a lowly 8 percent in comparison. This doesn't seem too surprising, considering the fact that Netflix has just achieved 20 million subscribers, and has Hollywood film executives all shook up and Blockbuster going bankrupt. Until now, Netflix never mentioned any interest in branching out into original programming, but all of that has quickly changed.

Now, Netflix may be purchasing its first original program, which is "House of Cards." "House of Cards" is a Media Rights Capital drama series that is executive produced and directed by David Fincher, and stars Kevin Spacey. It is based on the novel, which has the same title, about a British politician who is looking to succeed Margaret Thatcher as the prime minister.  

Negotiations are still ongoing since they were initially reported Tuesday afternoon. According to Deadline, Netflix was rumored to have outbid networks like AMC and HBO for the original series by offering a 26-episode, or two-season commitment. The total cost for the new series was also rumored to be around $100 million, but an anonymous executive told The New York Times that this figure was incorrect and that no deal has been made at this point. He added, "In the event that a deal is struck, it would cost Netflix significantly less."  

Television executives were shocked at the two-season commitment, especially because many networks usually pilot their projects before committing. For instance, HBO produces a pilot episode for almost all of its shows, including "Luck" and "Boardwalk Empire." Networks like AMC have produced straight-to-series projects, such as "The Walking Dead," but this series only contained six episodes. 

While 26 episodes may seem like a risky first venture into original programming, it will certainly put Netflix to the test and also put its name on the map. With treading into the video streaming world and Warner Bros. showing movies on Facebook, it was inevitable that Netflix would take the next big leap into something new.

Comments     Threshold

This article is over a month old, voting and posting comments is disabled

Netflix to Acquire SyFy?
By arthur449 on 3/16/2011 10:32:12 AM , Rating: 1
If Netflix acquired SyFy it could add crappy original streaming content to the rest of their lackluster streaming content.

But seriously, bad movies nights with the friends just might become more awesome in the future.

RE: Netflix to Acquire SyFy?
By kattanna on 3/16/2011 10:37:08 AM , Rating: 3
now that would actually be entertaining. some days i actually enjoy "scifi original" movies for the sheer silliness of them.

i wonder though, if the airing of the spartacus series and how well that went for them whetted their appetite.

and i applaud them on their bold move to generate actual content on a series. am getting tired of these mini seasons of show that only make a handful of episodes

RE: Netflix to Acquire SyFy?
By Mitch101 on 3/16/2011 12:08:16 PM , Rating: 2
Certainly adding plenty of content for MST3K to return.

RE: Netflix to Acquire SyFy?
By dgingeri on 3/16/2011 11:01:13 AM , Rating: 2
I think Hulu is more Likely to acquire SyFy. Hulu already has more "original" programming for the American market with many anime shows. Netflix will fail to compete directly with Hulu, but they could add supplemental programming in the form of original shows and win.

RE: Netflix to Acquire SyFy?
By swampthing1117 on 3/16/2011 12:18:41 PM , Rating: 3
yeah because there's a huge demand for anime.

Hulu isn't competing with anyone. They have squat for content, don't even have full seasons of many shows. And they want 9.99? For what? Hulu is garbage.

RE: Netflix to Acquire SyFy?
By Schrag4 on 3/16/2011 12:58:22 PM , Rating: 2
I don't pay for Hulu, but my understanding is that for free you generally get the last 6 hours or episodes (whichever is less), and of course that varies from network to network. Basically, you can watch the same shows by going directly to the networks' websites but it's all in one place, with a better media player.

I thought paid Hulu got you full seasons (even previous ones). Is that not true? At any rate, I use (free) Hulu several times a week and I love it. I wouldn't call it "garbage" at any rate.

RE: Netflix to Acquire SyFy?
By dgingeri on 3/16/2011 2:22:41 PM , Rating: 2
I watch Chuck, Burn Notice, and Fringe through Hulu rather than the networks. Too many commercials on the networks. I don't pay for any of it.

RE: Netflix to Acquire SyFy?
By RamarC on 3/16/2011 4:21:56 PM , Rating: 2
NBC/Universal owns SyFy and NBC/Universal is part of the joint venture that owns hulu. So hulu buying SyFy makes little sense.

And airing foreign produced anime is not "original programming."

RE: Netflix to Acquire SyFy?
By rburnham on 3/17/2011 8:40:43 PM , Rating: 2
There are so many awesomely bad horror and sci-fi movies on Netflix, I just cannot get enough. Thankskilling anyone?

RE: Netflix to Acquire SyFy?
By ancient46 on 3/19/2011 12:48:53 PM , Rating: 2
The government approved the sale of 51% of NBC Universal, the owner of SyFy, to Comcast on Jan 29. I doubt the new owner and operator of the channel will be willing to sell to Netflix any time soon.

“Then they pop up and say ‘Hello, surprise! Give us your money or we will shut you down!' Screw them. Seriously, screw them. You can quote me on that.” -- Newegg Chief Legal Officer Lee Cheng referencing patent trolls
Related Articles

Most Popular ArticlesSmartphone Screen Protectors – What To Look For
September 21, 2016, 9:33 AM
UN Meeting to Tackle Antimicrobial Resistance
September 21, 2016, 9:52 AM
Walmart may get "Robot Shopping Carts?"
September 17, 2016, 6:01 AM
5 Cases for iPhone 7 and 7 iPhone Plus
September 18, 2016, 10:08 AM
Update: Problem-Free Galaxy Note7s CPSC Approved
September 22, 2016, 5:30 AM

Copyright 2016 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki