Netflix To Expand On Its Original Content, And That Will Come At A Cost

Netflix, once simply known as a video rental service that sent you DVDs in the mail, has grown into a huge player. It’s wide range of original content, from shows to movies to documentaries to comedy specials, has actually become the company’s biggest selling point- as opposed to the old days when they were merely a middle man between you and the studios. And they want to give you more homegrown entertainment to peruse. Much, much more. And while that’s cool, it’ll definitely come at a price.

During an investor conference call, Netflix CFO David Wells said that the streaming network wants to eventually get to a place where half of its lineup will be comprised of original content.

It will take us a couple more years [to get there],” Wells said. “We’re a third to halfway to where we want to be. We’ve got a ways to go.

That said, Wells says the process of getting there will take time and will take a considerable financial investment. You know what that means…

We can raise [prices] slowly over time,” Wells said, while mentioning that they may move to a having differentiated tiers of service. Wells also revealed that “we face pressure from investors that we’re underpriced.”

It’s hard to argue that Netflix hasn’t become a destination for great original content. Just look at a few of their hit original properties:

  • Stranger Things
  • Daredevil
  • Jessica Jones
  • House Of Cards
  • Orange Is The New Black
  • Beasts of No Nation
  • Making A Murderer
  • Narcos
  • Unbreakable Kimmy Schmidt

There are many more I could mention, but the point is clear: Netflix knows how to pick and support projects.

So the question becomes: What price are you willing to pay as the network continues to expand? What’s your ceiling?

SOURCE: Deadline

Night Terror Banner   GenreVerse FOR FANBOYS, BY FANBOYS Have you checked out LRM Online’s official podcasts and videos on The Genreverse Podcast Network? Available on YouTube and all your favorite podcast apps, This multimedia empire includes The Daily CoGBreaking Geek Radio: The Podcast, GeekScholars Movie News, Anime-Versal Review Podcast, and our Star Wars dedicated podcast The Cantina. Check it out by listening on all your favorite podcast apps, or watching on YouTube! Subscribe on: Apple PodcastsSpotify |  SoundCloud | Stitcher | Google Play
Share the Post:

Join Our Newsletter

LRMonline header logo

LRM and the GenreVerse Podcast Network is your one stop spot for all your film, tv, video game, geek needs.

© 2024 All Rights Reserved.