Confirming earlier reports,
Netflix Inc. (
recently announced that it will stream the drama series
in late 2014. Originally conceived by The Weinstein Company
(TWC), the series will follow the legendary traveler's tale
during a war in 13th century China.
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Netflix, which has a licensing partnership with TWC, agreed to
produce the series after it was dumped by Starz due to rising
costs. TWC will produce nine episodes for Netflix and the filming
is set to begin soon at the new Pinewood Studios in Malaysia.
This is not the first time that Netflix is reviving a series that
met an untimely death. The company produced the season finale of
, which was cancelled by
AMC Networks (
. The company also helped in reviving Emmy Award winner show
and streamed all new episodes in May 2013.
will join Netflix's original shows such as
House of Cards
Orange is the New Black
. The company's diversified offerings help it to stand out among
other content streaming providers such as
, HBO and Hulu.
Netflix's partnerships with major film studios and production
houses have helped it to expand its content portfolio faster than
its rivals. These deals have enabled it to venture into different
genres like comedy, political thrillers, autobiographies and
The partnerships will help Netflix to stream original shows such
(some time in 2014) and
over the next 12 months. Netflix's agreement with
Marvel Entertainment will bring at least four new 13-episode
series and a mini-series in 2015.
Although, higher spending on content acquisition is a concern,
Netflix's growing subscriber base and international expansions
are major growth factors in the near term.
Currently, Netflix sports a Zacks Rank #1 (Strong Buy).