Netflix Acquires Original Series
Once again Netflix has changed entertainment viewing, this time by acquiring the rights to an exclusive TV series.
Netflix Inc. (NASDAQ:NFLX) was launched in 1997 in Los Gatos California and started its distribution in 1999. They have since then changed the way people watch movies and television. Before Netflix if you wanted to rent a movie, you went down to your local Blockbuster or Mom N Pop Video Store and rented the movie for a couple days. Those days are long gone. Netflix started off offering movies by mail. Never again would you have to leave in the middle of the night for a movie. Netflix brought the movies to you. Even more amazing is its wide variety including TV shows. If you missed a season of LOST, you could catch up by renting the entire season while the show was in its off-season.
They push the envelope again by offering instant streaming. While it started off with streaming from your PC, it expanded to game consoles like Wii, Playstation 3 and X-Box 360. Now you didn’t even need a disc to watch, only access to the internet. Now more so, you can get a plan solely for instant viewing, if you so desire.
Netflix’s latest adventure is taking on a series that will be original and without commercials. With the help of Oscar-nominated director David Fincher and independent studio Media Rights Capital, Netflix will debut a new television series called “House of Cards.”
“House of Cards” which will be offered exclusively on Netflix will be a political drama starring Kevin Spacey. Netflix has commit themselves to two full season and a least 26 episodes.
Netflix hopes this spawns a new age of entertainment. They are looking to add more subscribers over 20 million more and they open that this starts a move to have more licensing of original shows. They want to compete with other cable networks. HBO, Starz and Showtime haven’t commented on Netflix’s move. It will be interesting to see their reactions to Netflix’s spark of competition, especially since Netflix offers several HBO and Showtime miniseries.