) recently signed a deal with renowned comedian and actress,
Chelsea Handler to create a new talk show slated for launch in
2016. However, the show has not been named yet and there has been
no confirmation on when it will be streamed.
Chelsea Handler is a renowned comedian, actress, author, television
anchor and producer of American origin. Currently, she hosts a late
night talk show called "Chelsea Lately" on E! Network, which is
scheduled to end on Aug 26, 2014.
This new talk show is believed to have an updated format and will
feature Chelsea's unfiltered opinions on all topical entertainment
as well as cultural issues. Moreover, it will also include guest
interviews conducted by Chelsea.
The deal also includes a stand-up special along with four
docu-comedy specials, all featuring Chelsea. All of these will be
exclusively streamed by Netflix.
Meanwhile, with an intention to expand in the international arena,
Netflix has been holding negotiations with the
Deutsche Telekom AG
) for a probable marketing alliance. Reportedly, Netflix has been
holding negotiations with other German telecom companies as well.
Moreover, Netflix has recently revived "The Killing" for a final
season comprising six episodes. This is not the first time that the
company is reviving a series that met an untimely end. The company
also helped revive Emmy Award winner show Arrested Development.
Over the last one year, Netflix has entered into partnerships with
major film studios and production houses like The Wachowskis
(creators of The Matrix trilogy), J. Michael Straczynski (Babylon
5), Gaumont International, Sony Pictures and The Weinstein Company
(TWC), apart from
), Dreamworks and Mattel.
These deals have helped Netflix to not only grow its content
portfolio but also to move into new segments such as comedy,
political thrillers, autobiographies and horror. The company's
diversified offerings help it to stand out among other content
streaming providers such as
), HBO and Hulu.
This has been the primary reason behind its success in the recent
times. Netflix added 11.89 million paid streaming subscribers over
the last 12 months. Its total streaming subscriber base increased
12.04 million year over year to 48.36 million, primarily driven by
its expanding content portfolio that includes original and popular
productions such as Arrested Development and House of Cards.
Rising content cost and increase in expenditure on account of
international expansion remain near-term headwinds.
Nevertheless, Netflix's recent price increases (for both domestic
and international new users) will help the company to offset these
higher expenses. Moreover, the company's ever-expanding content
portfolio and focus on improving customer engagement will continue
to boost subscriber base.
Currently, Netflix has a Zacks Rank #3 (Hold).
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