Netflix To Increase Spending On Original Content (ATVToday)
Netflix, Inc. (NASDAQ:NFLX), the online demand streaming company, is to increase its spending on original programming within the next few years. The increase on original content was announced by Ted Sarandos, the company’s chief content officer, at the RTS Cambridge Convention. Within the next few years original commissions will account for a fifth of Netflix’s content spend; currently less than 10% is spent on original content. Netflix’s drive to increase its original output comes after the success of its House of Cards remake starring Kevin Spacey.
Cartoon Network: Netflix Is Hurting Our TV Ratings (Variety)
That’s according to an analysis of ratings for Turner Broadcasting System’s Cartoon Network by Sanford Bernstein analyst Todd Juenger — and while the network admitted Netflix, Inc. (NASDAQ:NFLX) did cut into TV ratings, the drop was not as steep as its worst-case scenario. In January 2013, Turner inked a deal with Netflix that included shows on Cartoon Network and Adult Swim. Now nearly half of programs running on Cartoon are also available on the streaming service, including “Adventure Time” (pictured above), “Dexter’s Laboratory,” “Powerpuff Girls” and “Cow & Chicken.”
Netflix Content Chief Discusses Global Ambitions, Plans to Double Spending on Originals (HollywoodReporter)
Netflix, Inc. (NASDAQ:NFLX) chief content officer Ted Sarandos discussed his company’s global ambitions, rising spending on original shows and relationship with Hollywood players here Friday. Sarandos also told the biennial Royal Television Society Cambridge Convention that Netflix’s spending on original programming is currently less than 10 percent of the company’s overall spending. He said he expects this to grow to 20 percent in the coming years. The Netflix executive addressed recurring questions about whether Netflix originals should be considered TV programming or not. People think so, he said. “For them, it is flashing pictures on the screen, it’s television,” Sarandos said.
Netflix Lands On Virgin Media TiVo (Other Updates, Too) (ZatznotFunny)
Netflix, Inc. (NASDAQ:NFLX) was just enabled on about 40,000 Virgin Media TiVo Inc. (NASDAQ:TIVO) boxes housed in Peterborough, Crawley, Andover, Londonderry and Swindon (UK) as a pilot – with all 1.7 million deployed units expected to receive the app later this year. Beyond enhancing the experience for Virgin/TiVo customers, this deal is also notable as the first time Netflix has been offered via a pay television provider.