) new original series
will be available for streaming from Sep 12, 2013. Netflix
subscribers across all its operating markets, barring the U.K.,
will be able to stream all seven episodes. The show is being
produced by Derek Productions Ltd.
is a comedy-drama featuring David Earl, Karl Pilkington and Kerry
Godliman. The protagonist, Derek, is being played by Ricky
Gervais. Gervais has been accredited with three Golden Globes,
two Primetime Emmys and seven BAFTAS for penning and starring in
various shows, particulary
The story of
revolves around the protagonist and his colleagues, who work in a
retirement home, and the home's residents.
, Netflix has a host of original series lined up for release this
year and the next. The fourth season of
is set to be released on May 26. New episodes of
Orange Is the New Black
are slated for a summer release. Later this year, season two of
will also be available for streaming.
Moreover, Netflix has collaborated with
) to stream an original series
, Turbo: F.A.S.T
. (Fast Action Stunt Team), exclusively for kids.
Netflix's growing offerings in the original program series is
expected to diversify its online content and make a mark for
itself among other streaming content providers. We believe that
these initiatives will be incrementally beneficial for the
company, helping it to add new subscribers and retain the older
ones, going forward.
This is indicative of the fact that in the last reported
quarter, Netflix added 2.03 million streaming subscribers in the
domestic market and 1.02 million subscribers in the international
However, higher costs owing to international ventures and
licensing fees and continued subscriber losses in its DVD
business are near-term headwinds. Loss from the international
business, due to higher content and marketing costs, is another
concern in the short term.
Nonetheless, we believe that new streaming content deals and
its original content portfolio should be able to entice new
subscribers in the U.S. as well as the International markets.
Moreover, these will help the company to withstand stiff
competition from other service providers such as
), HBO and
Currently, Netflix has a Zacks Rank #2 (Buy).
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